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Altria Group - spin-off


Altria Stock Up Sharply On Legal Victory

07/06/2006

Shares of Altria Group Inc. (ticker: MO) rose 6.04% today on extremely heavy trading volume after it was announced that the Florida Supreme Court ruled in favor of tobacco companies in the Engle class-action case. More than 52 million shares of Altria traded hands today, an amount that is 550% above normal for the company.

Altria Group is part of our Bear Market Portfolio and our High-Dividend Blue Chip Stock Portfolio. Since being added to the High-Dividend portfolio, Altria's shares have risen 195.4%. Naturally, this assumes reinvestment of Altria's hefty dividend.

 




 

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