Altria narrows its guidance for 2021 full-year adjusted diluted EPS to be in a range of $4.56 to $4.62, representing a growth rate of 4.5% to 6% from an adjusted diluted EPS
Altria Group Inc (NYSE: MO) shares are trading higher by 2.7% at $47.64 Friday morning after the company announced a deal to sell its Ste. Michelle Wine Estates Business for $1.2 billion in cash.
Altria expects the purchase to close in the second half of 2021.
As the cannabis industry keeps pushing forward, more companies are moving to list their stock on a major U.S. exchange like the NYSE or NASDAQ. The club, however, remains relatively small.
On CNBC's "Fast Money Halftime Report," Pete Najarian said options traders were buying the January $14 calls in General Electric Company (NYSE: GE) on Wednesday.
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