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Home News Earnings Preview: Altria Group Inc.

Earnings Preview: Altria Group Inc.

Tuesday, April 19 2011

Altria and other tobacco companies are looking to cigarette alternatives -- such as cigars, snuff and chewing tobacco -- for growth.

Bloomberg Businessweek logoBy MICHAEL FELBERBAUM

RICHMOND, VA

Altria Group Inc., owner of the biggest U.S. cigarette maker, Philip Morris USA, reports its first-quarter results before the stock market opens Wednesday.

WHAT TO WATCH FOR: Whether the top-selling Marlboro brand continues to gain more of the cigarette market. Marlboro has gained market share as the number of cigarettes sold has declined industrywide in the face of recent tax increases, smoking bans and rising health concerns and social stigma.

Read more at businessweek.com...

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