Earnings

Marlboro maker Altria reports declining revenue, citing competition from illicit e-vapor products

Packs of Marlboro cigarettes are displayed at a smoke shop on April 28, 2023 in San Francisco, California.  Justin Sullivan | Getty Images Altria Group, the parent company of Philip Morris USA and the nation’s largest tobacco company, reported third-quarter results Thursday that fell short of Wall Street’s expectations as demand for its core cigarette business cools…

Earnings

Singapore bank UOB sees stronger 2024 outlook, third-quarter net profit trails estimate

The United Overseas Bank (UOB) building is pictured in the Raffles Place financial district in Singapore on August 10, 2023. Roslan Rahman | Afp | Getty Images Singapore’s United Overseas Bank, or UOB, expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday a weaker-than-expected 1% drop in third-quarter net profit from a year earlier.…