Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Altria Group Inc    MO

Delayed Quote. Delayed  - 08/30 10:00:24 pm
65.88 USD   -0.33%
08/26 DAILY DIVIDEND : Mo, tfsl, acet, pxd, wm, hum, eix, ppl, mos, hrb
08/26DJAB InBev Warns of Thousands of Merger-Related Job Losses
08/25 ALTRIA : Increases Quarterly Dividend by 8.0% to $0.61 per Common Sh..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

ALTRIA GROUP : Palm Beach County Jury Finds for Philip Morris USA in an Engle Trial

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/20/2011 | 01:50am CEST

A Palm Beach County jury today decided in favor of Philip Morris USA and other tobacco companies in an Engle case (Weingart). The decision today marks the eighth win for the company in the last 12 Engle cases to go to trial.

In this case, the jury rejected all but one of the plaintiff's claims. On that claim, the jury found plaintiff 91% at fault and declined to award any damages.

"We believe that the jury appropriately rejected awarding the plaintiff any damages," said Murray Garnick, Altria Client Services senior vice president and associate general counsel, speaking on behalf of Philip Morris USA. "We continue to believe that the trial courts are violating Florida law and due process in these cases by allowing the plaintiffs to rely on general findings from a previous jury with no connection to the specific circumstances of these cases."

"Although the jury refused to award any damages, the due process violation is directly responsible for the single claim that the jury found in favor of the plaintiff," Garnick added. "As with each Engle trial, Philip Morris USA continues to vigorously defend itself."

Today's verdict came in a trial of a so-called Engle progeny case following a 2006 Florida Supreme Court decision that decertified a class action but allowed former class action members to file individual lawsuits and rely on general findings from the first class action.

Today's decision came in Weingart v. RJ Reynolds et al.

ALCS Media Relations
804-484-8897


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALTRIA GROUP INC
08/26 DAILY DIVIDEND REPORT : Mo, tfsl, acet, pxd, wm, hum, eix, ppl, mos, hrb
08/26DJAB InBev Warns of Thousands of Merger-Related Job Losses
08/25 ALTRIA : Increases Quarterly Dividend by 8.0% to $0.61 per Common Share
08/24 HC postpones SABMiller judgment on divided shareholder ballot for Anheuser-Bu..
08/24 ALTRIA : to Host Webcast from the Barclays Global Consumer Staples Conference
08/24 Voters split
08/24 Megabrew fizzes along as High Court rules SAB can split vote
08/23DJSABMiller Says U.K. Court Agrees Largest Shareholders Can Be Separate Class
08/23 SABMiller gets ready for HC verdict on divided Anheuser-Busch InBev takeover ..
08/23DJCourt Lets SABMiller Treat Biggest Shareholders as Separate Class in Takeover..
More news
Sector news : Cigars & Cigarette Manufacturing
08/18 FTSE edges up, helped by miner rally
07/28DJBRITISH AMERICAN TOBACCO : BAT Sees Year of Good Earnings Growth--2nd Update
07/28DJBAT Sees Year of Good Earnings Growth
07/28DJBRITISH AMERICAN TOBACCO : BAT Sees Year of Good Earnings Growth -- Update
07/28 BRITISH AMERICAN TOBACCO : sales rise
More sector news : Cigars & Cigarette Manufacturing
News from SeekingAlpha
08/30 The Anheuser-Busch Inbev Merger And Altria's Dividend
08/30 PHILIP MORRIS : Will There Be Dividend Growth This Year?
08/30 Revamping My Dividend Growth Portfolio
08/30 Inhale 8% Higher Dividends Paid On Fewer Altria Shares
08/30 ONE-TIME CASH INFUSION : How I'm Handling It
Advertisement
Financials ($)
Sales 2016 19 368 M
EBIT 2016 9 147 M
Net income 2016 5 953 M
Debt 2016 9 586 M
Yield 2016 3,59%
P/E ratio 2016 22,01
P/E ratio 2017 19,87
EV / Sales 2016 7,16x
EV / Sales 2017 6,97x
Capitalization 129 150 M
More Financials
Chart ALTRIA GROUP INC
Duration : Period :
Altria Group Inc Technical Analysis Chart | MO | US02209S1033 | 4-Traders
Full-screen chart
Technical analysis trends ALTRIA GROUP INC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 69,3 $
Spread / Average Target 4,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Martin J. Barrington Chairman, President & Chief Executive Officer
Howard A. Willard Chief Operating Officer & Executive Vice President
William F. Gifford Chief Financial Officer
James E. Dillard Chief Innovations Officer & SVP-Regulatory Affairs
Thomas Wade Jones Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ALTRIA GROUP INC13.18%129 150
JAPAN TOBACCO INC-12.54%75 378
ITC LTD15.88%45 594
HANJAYA MANDALA SAMPOE..--.--%35 768
KT&G CORP--.--%14 483
GUDANG GARAM TBK PT--.--%9 365
More Results