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UST, Inc.



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UST Reports Third Quarter 2008 Results; Reaffirms Earnings Guidance for the Year

... 2008 adjusted diluted E.P.S. target of $3.65, with a range of $3.60 to $3.70 - Altria Group, Inc.'s acquisition of UST on track to close during the first full week of Jan. 2009 and no later than Jan. 7 STAMFORD, Conn., Oct. 24 /PRNewswire-FirstCall/ -- UST Inc. (NYSE: ) today announced for the third quarter ended Sept. 30, 2008, reported diluted earnings per share was stable...

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Altria to cut jobs due to economic uncertainty

Altria Group has started to cut jobs to alleviate the risk from the widespread economic turmoil. A spokesman declined to say how many cuts would be made. Richmond, Va.-based Altria owns Marlboro-maker Philip Morris USA. It is also buying UST. A spokesman...

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Altria to cut jobs due to economic uncertainty

... Altria and its cigarette unit, Philip Morris USA. Both are based in Richmond, Va.Altria Group Inc. (, ) also owns cigar maker John Middleton and is also buying smokeless tobacco company UST Inc. (, ) to pursue growth outside of cigarettes, which are in less demand from American consumers.Spokesman David Sylvia confirmed that the company is cutting jobs and said it is deciding how...

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Altria to cut jobs due to economic uncertainty

NEW YORK — Altria Group, owner of the nation's biggest cigarette maker, confirmed on Tuesday that it has started to cut jobs to alleviate the risk from the widespread economic turmoil.A spokesman declined to say how many cuts would be made.Richmond, Va.-based Altria Group Inc. owns Marlboro-maker Philip Morris USA as well as cigar maker John Middleton. It is also buying smokeless tobacco company...

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Altria to cut jobs amid slowdown

... () and its cigarette unit, Philip Morris USA (). Both are based in Richmond, Va.Altria Group Inc. also owns cigar maker John Middleton and is also buying smokeless tobacco company UST Inc. () to pursue growth outside of cigarettes, which are in less demand from American consumers.Spokesman David Sylvia confirmed that the company is cutting jobs and said it is deciding how many layoffs...

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Fitch Rates Altria's Guaranteed Sr. Notes Offering 'BBB+'; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB+' rating to Altria Group, Inc.'s (NYSE: MO)$1.4 billion of 8.5% guaranteed senior notes due 2013, $3.1 billion of 9.7% guaranteed

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UST quarterly profit 84 cents a share, flat from year ago

NEW YORK (MarketWatch) -- UST Inc. said Friday that third-quarter earnings were $125 million, or 84 cents a share, compared to $134 million, or 84 cents a share, in the same period a year ago. Sales rose to $485 million compared to $480 million. Analysts polled by FactSet Research estimated, on average, earnings per share of 91 cents on sales of $485 million. For the year, the company affirms...

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Glance: Altria shows pricing power, cuts costs

Altria Group Inc., which owns the No. 1 U.S. cigarette maker Philip Morris USA, reported that profit fell 67 percent from a year ago, when results included its overseas operations. But earnings from continuing operations rose 15 percent.

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Altria’s quarterly profit tumbles 67 percent

8:25 a.m. ET NEW YORK - Altria Group said Thursday its third-quarter profit fell 67 percent from a year ago, when results included the Philip Morris International business.Altria Group Inc., owner of No. 1 U.S. cigarette maker Philip Morris USA, said net income was $867 million, or 42 cents per share, compared with $2.63 billion, or $1.24 per share, a year earlier. Philip Morris sells Marlboros...

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Altria Group 3Q profit falls excluding int'l unit

NEW YORK Altria Group said Thursday its third-quarter profit fell 67 percent from a year ago, when results included the Philip Morris International business.

Altria Group Inc., owner of No. 1 U.S. cigarette maker Philip Morris USA, said net income was $867 million, or 42 cents per share, compared with $2.63 billion, or $1.24 per share, a year earlier. Philip Morris sells Marlboros in the...