Altria Group Inc., owner of Philip Morris USA, plans to buy UST Inc., the maker of Skoal and Copenhagen, for $10.4 billion to boost its ability to sell smokeless tobacco products.READ MORE
(NEW YORK)Altria, the U.S. leader in cigarettes, wants to be No. 1 in smokeless products too. The owner of the nation's biggest cigarette seller said Monday that it will buy UST, the maker o...READ MORE
(RICHMOND, Va.)Faculty and students told a Virginia Commonwealth University panel that they're concerned about the moral and ethical implications of entering research agreements with tobacco gian...READ MORE
(RICHMOND, Va.)Virginia Commonwealth University faculty members and students told a task force that accepting research money from tobacco giant Philip Morris USA Inc. is unethical and risks scien...READ MORE
(NEW YORK)Shares of Universal Corp. sank Friday after the tobacco company said its fiscal fourth-quarter profit shrank 49 percent due to smaller crops and lower shipments of tobacco from Sou...READ MORE
(NEW YORK)The Standard & Poor's MidCap 400 index fell Friday, with tobacco company Universal Corp. taking the largest loss after the company said its profit was almost halved in the fisc...READ MORE