Higher Cigarette Prices Help Ignite Altria's Quarterly Profit
Marlboro-maker Altria Group's first-quarter profit rises on higher prices for its cigarettes and smokeless tobacco products.
Marlboro-maker Altria Group's first-quarter profit rises on higher prices for its cigarettes and smokeless tobacco products.
Tobacco companies have introduced almost no new cigarettes or smokeless tobacco products in the U.S. in more than 18 months because the FDA has prevented them from doing so -- an unprecedented pause for an industry that historically has introduced dozens of new products annually.

