Philip Morris: Shares On Sale As EPS Trends Improve (NYSE:PM) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Marlboro maker Altria Group on
Thursday said its e-cigarette brand NJOY had filed a suit
seeking an injunction against a number of companies
manufacturing and selling allegedly illicit e-vapor.
Altria s NJOY sues 34 e-vapor product makers, seeks damages kelo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kelo.com Daily Mail and Mail on Sunday newspapers.
Altria, which has been raising prices to counter the defection of consumers to cheaper brands in the face of persistent inflation, has banked on demand for its premium offerings from the Marlboro brand of cigarettes, which it markets and sells in the U.S. Altria, like peer Philip Morris, also benefited from strong demand for spitless nicotine pouches, which are an alternative to traditional moist chewing tobacco.