Tag Archives: Writing

Altria’s chance of writing down its Juul investment has ‘increased materially,’ Fitch says

Menthol pods for Juul Labs Inc. e-cigarettes are displayed for sale at a store in Princeton, Illinois, U.S., on Monday, Sept. 16, 2019. Daniel Acker | Bloomberg | Getty Images The chance that Altria writes down the value of its $ 12.8 billion investment in Juul has “increased materially” amid uncertainty around the e-cigarette industry,… Read More »