Philip Morris International main cigarette business is slowly dying, but the tobacco giant isn’t going gently into the night. The company just announced two deals that will keep it healthy in the year...
Tag: Morris
Philip Morris Stock Shot Up Since September
“Sin” still sells. Tobacco products company Philip Morris International (PM) is often considered a part of the “sin” group of discretionary products stocks along with alcoholic...
Morris Goldfarb on Pushing Growth Through Change
Morris Goldfarb said he has plenty of growth teed up — and is ready to move on. The chairman and chief executive officer who has steered G-III Apparel Group through nearly five decades of major change...
Philip Morris Declares Victory in Bid for Swedish Match
Philip Morris International is pushing ahead with its takeover of smaller tobacco rival Swedish Match despite falling short of winning over shareholders with around 90% of the target’s stock. On Monda...
Stocks Lower, Tesla, IBM, AT&T And Philp Morris -5 Things To Know
Here are five things you must know for Thursday, October 20: 1. — Stock Futures Slip Lower As Treasury Yields Extend Climb U.S. equity futures slipped lower Thursday as investors pulled away fro...
Philip Morris raises dividend to boost implied yield to 5.4%
Shares of Philip Morris International Inc. PM, -0.34% tacked on 0.9% in premarket trading Wednesday, after the cigarette and heated-tobacco products company raised its quarterly dividend by 1.6%, to $...
Brooklyn Nets Sign Forward Markieff Morris To One-Year Deal
MIAMI, FLORIDA – OCTOBER 21: Markieff Morris #8 of the Miami Heat looks on against the Milwaukee … [+] Bucks at FTX Arena on October 21, 2021 in Miami, Florida. NOTE TO USER: User expressl...
Jeff Scott, Chad Morris Exchanging Ideas At USF Eight Years After Working Together At Clemson
Chad Morris served as Clemson’s offensive coordinator from 2011 to 2014. (Photo by Tyler Smith/Getty … [+] Images) Getty Images A couple of weeks after Clemson lost to USF in the 2010 Mein...
ED Reveals New Figures In Morris Crypto Scam
46 seconds ago | 2 mins read Editors News ED has attached $140 million worth of assets to the Morris crypto scam case. Now the total assets attached to Morris’ cheating case are $507.2 million. The Mo...
Philip Morris’ affiliate to spend $16 billion in a public offer
Philip Morris International Inc.’s (NYSE: PM) affiliate Philip Morris International Holdings B.V. (“PMHH”), has announced a recommended public offering to Swedish Match AB shareholders to tender their...
Philip Morris International bids $16 billion for Swedish Match
Swedish Match generates most of its profit from Swedish-style smoke-free tobacco snuffs, also known as ‘snus.’ Olivier Morin | Afp | Getty Images Marlboro-maker Philip Morris International...
Philip Morris lowers 2022 outlook on plans of exiting Russia
Philip Morris International Inc (NYSE: PM) reported market-beating results for its fiscal Q1 on Thursday despite a hit to its business due to the Ukraine war. Shares are up 2.0% today. Philip Morris f...
Walmart Is Removing Cigarettes in Some Stores. Philip Morris and Altria Stock Fall.
Text size Bruce Bennett/Getty Images Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with t...
Altria Stock Is a Buy and Philip Morris Isn’t, Says Goldman Sachs
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...
Veteran investor Morris Mark: ‘Disney is a cheap stock’
Walt Disney Co (NYSE: DIS) has recovered nearly 15% in the stock market over the past couple of weeks, but the founder of Mark Asset Management says it is still a fairly cheap stock to own. Highlights...
Is Philip Morris stock a good buy in February 2022?
Philip Morris International Inc. (NYSE: PM) shares continue to trade in a buy zone after the company reported strong fourth-quarter results last trading week. The company’s management expects organic ...
Philip Morris beats profit and revenue expectations and gives upbeat outlook, but stock slips
Shares of Philip Morris International Inc. PM, +0.24% slipped 0.1% in premarket trading Thursday, ever after the cigarette seller beat profit and revenue expectations and provided an upbeat full-year ...
Saxo Markets UK Names Peter Morris as New COO
Saxo Bank, one of the fastest-growing multi-asset trading services providers, announced that Peter Morris, the former Managing Director Global Brokerage Operations at BGC Partners, has joined its subs...
India Seizes $5 Million Worth Assets in $162M Morris Coin Crypto Ponzi Scheme
The Indian Enforcement Directorate took strict actions against the crimes involving cryptocurrencies; it is a department under the Indian Ministry of Finance. The police in one of the states filed an ...
India Seizes Assets in $162M Morris Coin Cryptocurrency Investment Scheme – Regulation Bitcoin News
Indian Enforcement Directorate has seized assets worth approximately $5 million in connection with an alleged cryptocurrency scam involving Morris coin that has duped investors out of $162 million. Th...
Philip Morris International Shares Cross 5% Yield Mark
In trading on Tuesday, shares of Philip Morris International were yielding above the 5% mark based on its quarterly dividend (annualized to $5), with the stock changing hands as low as $99.08 on the d...
Philip Morris International Breaks Above 200-Day Moving Average
In trading on Tuesday, shares of Philip Morris International crossed above their 200 day moving average of $96.38, changing hands as high as $96.94 per share. Philip Morris International Inc shares ar...
Why Altria’s Stock Could Be a Buy and Philip Morris Isn’t
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...