Philip Morris Scales 52-Week High: What's Driving the Stock?
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 9:11AM CDT
Shares of cigarette manufacturer Philip Morris International (PM) hit a new 52-week high of $103.16 on Jul 8.
RAI: 53.20 (+0.07), PM: 103.38 (+0.29), MO: 69.87 (+0.04), TSN: 68.47 (-0.45)
Philip Morris Loses Uruguay Case, Must Obey Plain Packaging
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 9:09AM CDT
Per media reports, tobacco giant Philip Morris International Inc. (PM) has lost the legal battle against the Uruguay government regarding sale of cigarettes in the country.
RAI: 53.20 (+0.07), BTI: 128.02 (+0.84), PM: 103.38 (+0.29), MO: 69.87 (+0.04)
Uruguay wins dispute with tobacco giant Philip Morris
AP - Fri Jul 08, 6:59PM CDT
MONTEVIDEO, Uruguay (AP) — Tobacco giant Philip Morris has lost an international dispute surrounding the sale of cigarettes in Uruguay and must continue to cover packs sold in the South American country with graphic warning labels and restrict its branding practices, President Tabare Vazquez announced Friday.
PM: 103.38 (+0.29)
Philip Morris International Comments on Tribunal's Decision in Arbitration Between PMI and Uruguay
BusinessWire - Fri Jul 08, 3:01PM CDT
Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today comments on the decision of an ICSID tribunal in the arbitration between PMI and Uruguay regarding two regulations that Uruguay implemented in 2009. PMI brought the case under Uruguay's 1988 investment protection treaty with Switzerland, which provides a neutral forum for dispute resolution.
PM: 103.38 (+0.29)
Mario Orozco Joins Greenhill as a Managing Director Focused on Latin American Coverage
PR Newswire - Tue Jul 05, 3:01PM CDT
Greenhill & Co., Inc. (NYSE: GHL), a leading independent investment bank, announced today that Mario Orozco has joined the Firm as a Managing Director based in New York and focused on covering the Latin America region outside of Brazil.
PM: 103.38 (+0.29), GHL: 17.60 (unch)
Philip Morris Set to Possibly Pullback After Yesterday's Rally of 1.70%
Comtex SmarTrend(R) - Tue Jul 05, 12:24PM CDT
Philip Morris (NYSE
PM: 103.38 (+0.29)
Stock Market News for July 01, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 9:10AM CDT
Benchmarks ended in positive territory on Thursday following expectations that Bank of England will most likely implement additional stimulus measures to boost its economy
PM: 103.38 (+0.29), MDLZ: 45.85 (-0.25), HSY: 110.14 (-0.56), CPB: 66.71 (-0.39), GIS: 71.81 (-0.65), PEP: 108.91 (+0.64), K: 81.69 (-0.95)
Reynolds (RAI) Hits a 52-Week High despite Brexit Jitters
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 7:51AM CDT
Shares of cigarette manufacturer Reynolds American Inc. (RAI) rallied to a new 52-week high of $53.99 on Jun 30, recording a healthy year-to-date return of 16.86%.
RAI: 53.20 (+0.07), PM: 103.38 (+0.29), MO: 69.87 (+0.04), TSN: 68.47 (-0.45)
Why Philip Morris (PM) Stock Tumbled Post-Brexit Decision?
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 5:17PM CDT
Post-Brexit -- Great Britain's exit from the European Union (EU) -- the global market is in a roller coaster ride due to a spike in volatility in the global economic market.
RAI: 53.20 (+0.07), PM: 103.38 (+0.29), MO: 69.87 (+0.04), TSN: 68.47 (-0.45)
Altria & U.S. Tobacco Soars as "Safe Stocks" Post Brexit
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 11:25AM CDT
Shares of cigarette manufacturer Altria Group Inc. (MO) hit a new 52-week high of $68.00 on Jun 24, recording a healthy year-to-date return of 8.33%.
RAI: 53.20 (+0.07), PM: 103.38 (+0.29), MO: 69.87 (+0.04), TSN: 68.47 (-0.45)
Supreme Court rejects appeal from Illinois smokers
AP - Mon Jun 20, 4:33PM CDT
WASHINGTON (AP) — The Supreme Court on Monday rejected an appeal from Illinois smokers who sought reinstatement of a $10.1 billion class-action judgment in a long-running lawsuit against Philip Morris.
PM: 103.38 (+0.29), MO: 69.87 (+0.04)
J.M. Smucker, Baidu, Altria Group, Reynolds American and Philip Morris International highlighted as Zacks Bull and Bear of the Day
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:30AM CDT
J.M. Smucker, Baidu, Altria Group, Reynolds American and Philip Morris International highlighted as Zacks Bull and Bear of the Day
RAI: 53.20 (+0.07), PM: 103.38 (+0.29), BIDU: 167.03 (+7.23), MO: 69.87 (+0.04), SJM: 153.25 (-0.83)
Altria versus Reynolds: Tobacco Stock On Fire in Volatility
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:03AM CDT
The U.S. market is on a roller coaster ride with recent events spiking up volatility.
RAI: 53.20 (+0.07), PM: 103.38 (+0.29), MO: 69.87 (+0.04)
Cigarettes Stocks Technical Analysis -- Altria Group, Reynolds American, Philip Morris Intl., and Vector Group
PR Newswire - Thu Jun 16, 7:00AM CDT
On Wednesday, June 15, 2016, the NASDAQ Composite ended the trading session at 4,834.93, down 0.18%; the Dow Jones Industrial Average edged 0.20% lower to finish at 17,640.17; and the S&P 500 closed at 2,071.50, down 0.18%. However, six out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Altria Group Inc. (NYSE: MO), Reynolds American Inc. (NYSE: RAI), Philip Morris International Inc. (NYSE: PM), and Vector Group Ltd (NYSE: VGR). Learn more about these stocks by accessing their free trade alerts at:
RAI: 53.20 (+0.07), PM: 103.38 (+0.29), MO: 69.87 (+0.04), VGR: 22.42 (-0.05)
Illicit Tobacco Trade Alarmingly High, EU Consumes 53M
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:51AM CDT
The latest cigarette trafficking reports have irked the tobacco industry further which has already been grappling with issues like dwindling volumes and high excise taxes.
RAI: 53.20 (+0.07), PM: 103.38 (+0.29)
Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.02 Per Share
BusinessWire - Thu Jun 09, 3:21AM CDT
Regulatory News:
PM: 103.38 (+0.29)
Will Global Worries Weigh on Consumer Staples Companies?
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 4:28PM CDT
Will Global Worries Weigh on Consumer Staples Companies?
RAI: 53.20 (+0.07), KO: 45.57 (+0.19), MDLZ: 45.85 (-0.25), KMB: 136.14 (+0.18), UL: 47.48 (unch), MO: 69.87 (+0.04), DEO: 113.44 (+0.64), K: 81.69 (-0.95), SJM: 153.25 (-0.83), PEP: 108.91 (+0.64), DPS: 96.54 (-0.59), PM: 103.38 (+0.29), NUS: 48.57 (+0.86), PF: 47.18 (-0.88), PG: 85.75 (-0.02), EL: 93.28 (+0.27), GIS: 71.81 (-0.65)
Are Consumer Staples Stocks Poised for Strong Growth?
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 3:56PM CDT
Are Consumer Staples Stocks Poised for Strong Growth?
MDLZ: 45.85 (-0.25), MKC: 105.94 (-1.02), CAG: 48.11 (-0.19), THS: 104.35 (+0.18), KMB: 136.14 (+0.18), SYY: 51.64 (+0.05), WMT: 74.06 (+0.22), PEP: 108.91 (+0.64), K: 81.69 (-0.95), DPS: 96.54 (-0.59), TGT: 72.54 (+1.23), DF: 18.86 (-0.34), RAI: 53.20 (+0.07), KO: 45.57 (+0.19), HYH: 34.26 (-0.21), BUD: 127.43 (-0.32), JJSF: 120.65 (+0.19), TAP: 101.62 (-0.94), MO: 69.87 (+0.04), WWAV: 56.13 (-0.51), PM: 103.38 (+0.29), UNFI: 48.92 (+0.08), BGS: 47.82 (-0.64), TJX: 78.75 (-0.21), KHC: 89.84 (-0.01), MCD: 122.00 (+0.69), PF: 47.18 (-0.88), PG: 85.75 (-0.02), GIS: 71.81 (-0.65)
53 billion illegal cigarettes consumed in the European Union last year
BusinessWire - Wed Jun 08, 4:02AM CDT
--Non-EU contraband and counterfeit increased to 88%
PM: 103.38 (+0.29)
Consumer Staples Stock Outlook - June 2016
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 2:17PM CDT
Consumer Staples Stock Outlook - June 2016
KO: 45.57 (+0.19), PM: 103.38 (+0.29), MKC: 105.94 (-1.02), THS: 104.35 (+0.18), SYY: 51.64 (+0.05), SAM: 170.75 (-0.38), MO: 69.87 (+0.04), TSN: 68.47 (-0.45), PEP: 108.91 (+0.64)