|Bid||4,865.00 x 54200|
|Ask||5,500.00 x 67200|
|Day's Range||4,591.00 - 5,387.00|
|52 Week Range||2,879.89 - 5,643.60|
|PE Ratio (TTM)||19.90|
|Dividend & Yield||2.10 (3.02%)|
|1y Target Est||5,814.38|
The FDA announced a plan for tobacco and nicotine regulation, which seeks to lower nicotine in cigarettes to non-addictive levels.
U.K. stocks tumble Friday, with shares of British American Tobacco and Imperial Brands hit hard after a U.S. regulatory decision about the tobacco industry.
Yesterday, Altria Group (MO) gained 3.1% after reporting earnings yesterday. Today they're plunging nearly 10% after the FDA announced that it would try lowering nicotine levels in cigarettes. Bloomberg's Anna Edney reports: The U.S. Food and Drug Administration will work to cut the amount of nicotine in cigarettes to nonaddictive levels, with the goal of preventing thousands of tobacco-related deaths a year.