Encyclopedia > Philip Morris

  Article Content

Altria Group

Redirected from Philip Morris

Altria Group, Inc., formerly called Philip Morris Companies Inc., is one of the world's largest food, beverages, and tobacco corporations.

Altria owns 100% of Philip Morris USA Inc., Philip Morris International Inc., and Philip Morris Capital Corporation. It also owns 84% of Kraft Foods Inc.[?] and 36% of SABMiller plc[?].

Philip Morris USA and Philip Morris International are the world's largest commercial tobacco companies (not including the China National Tobacco Co.[?] monopoly). Their flagship Marlboro brand is the world leader.

It trades on the New York Stock Exchange under the symbol MO (thus the nickname "Big Mo").

Philip Morris was begun by a London tobacconist named Philip Morris (? - 1873). He was one of the first people to sell hand-rolled cigarettes in the 1860s, selling them under the brand names Oxford and Cambridge Blues, following the adoption of cigarette smoking by British soldiers returning from the Crimean War.

The company opened its New York office in 1902.

On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc.

See also: lung cancer, Tobacco smoking

External links



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
242

... century - 4th century Decades: 190s 200s 210s 220s 230s - 240s - 250s 260s 270s 280s 290s Years: 237 238 239 240 241 - 242 - 243 244 245 246 ...

 
 
 
This page was created in 24.3 ms