Company
Philip Morris International Inc
NYSE:PM
Philip Morris International Inc is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector.
37 stories
Tobacco industry no longer in ‘structural decline’ – broker
The world’s tobacco industry has gained a new lease of life from alternatives, Citi group analysts say
Philip Morris set to take Vectura deal over the finish line
“Despite the ethical outcry, Vectura shareholders have succumbed to Big Tobacco’s big pockets,” AJ Bell analyst Danni Hewson said
Philip Morris swoops in for Vectura to become ‘broader healthcare and wellness company’
The cigarette maker is paying £1bn for Vectura, which is scrapping a £958mln offer agreed with private equity firm Carlyle Group
Philip Morris blasted over £1bn plan to 'infiltrate' UK vaping policy
A report on Monday showed that the tobacco giant had drawn up plans for a £1bn fund to help UK authorities promote quitting services, however it had also discussed the possibility of relaxing advertising restrictions on smoke-free alternati
Philip Morris reports better-than-expected 3Q earnings; shares down slightly
Adjusted per-share earnings came to $1.43, ahead of analysts' expectations of $1.36
Philip Morris and Altria’s mega tobacco merger goes up in smoke
Philip Morris, the maker of Marlboro cigarettes, said in August, discussions were ongoing for a possible all-stock merger of equals with Altria
Tobacco giants Philip Morris and Altria confirm talks over mega-merger
Philip Morris, the maker of Marlboro cigarettes, said discussions were ongoing for a "merger of equals" but stressed there was no guarantee a deal would be struck
EARLY MOVERS: Altria Group and tobacco firms in the frame after FDA crackdown announcement
Also in pre-market deals, Pivotal Software Inc takes a nose-dive and McDonalds Corp shares are unmoved
Philip Morris shares fall despite beating 2Q estimates as cigarette sales slip
The company's heated tobacco products proved popular in the quarter while cigarette sales slipped
Philip Morris profit falls 2.5% on lower cigarette shipments to Europe; Stock tumbles
Tobacco producers are seeing drop in demand for traditional cigarettes
Philip Morris slides as Q3 numbers miss forecasts; lowers full-year guidance
Adjusted per-share earnings came in at US$1.27 for the quarter, although that was below the Wall Street consensus of US$1.38
Mixed day but Dow Jones still manages to advance to new high
Tobacco companies got hammered as the US Food and Drug Administration said it will force companies to cut nicotine levels in cigarettes to non-addictive levels.
Philip Morris's earnings hit by dollar strength
The tobacco products maker revised its full-year earnings guidance to reflect exchange rate fluctuation
Philip Morris battles as volumes turn down, vape business going well
The tobacco to cigarette group has been one of Wall Street's best blue chip performers this year so far
Philip Morris excited by potential of reduced-risk products
Fourth quarter revenue beat expectations but earnings were a tad shy
A tobacco firm that doesn’t sell cigarettes?
The boss of tobacco giant Philip Morris hopes its new product will allow it to “phase-out” the sale of its conventional cigarettes
Energy Fuels remains a buy says Cantor Fitzgerald
Energy Fuels was reiterated a buy with a target price of C$7.05 by analysts at Cantor Fitzgerald on Monday.
Philip Morris International drifts lower as strong dollar hits sales
Shares in cigarette and tobacco maker fell 3.4% in morning New York trading
Archive
Wall Street speeds up gains as financials boost rally
Investors assess key bank earnings, mostly soft economic data.
Dow Jones racks up triple digit gain
Yesterday's falls are just a bad memory, as Citigroup leads the rally
U.S. Risers/Fallers: Citi, Goldman Sachs, Philip Morris, Seagate, Syngenta, Netflix, Garmin
Below are the main news-driven share price movements at 2 p.m. in New York.
US stocks bounce back on "bad is good" economic data
Stocks are on the comeback trail after yesterday's biffing.
Philip Morris beats Q3 profit estimates on increased cigarette prices
Philip Morris is now pointing towards adjusted earnings growth of between 11% and 12%, versus previous guidance of 9%-11%.
Stocks set to claw back losses
The S&P is set to recover all of yesterday's losses but the Dow Jones is tipped to claw back only half of them.
Wall Street gains on upbeat earnings reports, renewed Greece hopes
Wall Street headed higher today following a batch of upbeat earnings reports and as Greece’s Parliament passed austerity measures needed to secure a fresh bailout. The S&P 500 (INDEXSP:.INX) rose 0.7 percent to 2,123.51 at 3:41 p.
Wall Street set to open higher as Greek concerns abate; Citi, Philip Morris rise
U.S. stock-index futures advanced as investors assessed earnings and welcomed Greek parliamentary approval of a bailout plan. Futures on the S&P 500 index rose 0.4 percent to 2113. E-mini Dow futures gained 0.4 percent to 18056. E-mini
Wall Street drifts lower on Greece worries; BofA, Citigroup, JPMorgan decline
Wall Street retreated as Greece scrambled to avoid a cash crunch and energy shares tumbled with the price of oil. The S&P 500 (INDEXSP:.INX) slid 0.5 percent to 2,065.59 at 3:45 p.m. in New York. The 30-company Dow Jones Industrial Aver