$45 million proposal would settle Arkansas tobacco lawsuit
Arkansas Democrat-Gazette - Sat Jul 30, 12:21PM CDT
LITTLE ROCK, Ark. (AP) — Attorneys for cigarette smokers and for tobacco manufacturer Philip Morris USA have agreed to a $45 million settlement of a lawsuit over the marketing of Marlboro Lights in Arkansas.
PM: 100.07 (-0.08), MO: 67.63 (-0.02)
Stock Market News for July 28, 2016
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 9:10AM CDT
Benchmarks closed mixed on Wednesday following the Federal Open Market Committee’s (FOMC) policy statement and key earnings results.
KO: 43.51 (+0.06), PM: 100.07 (-0.08), XOM: 85.93 (+0.07), COST: 165.31 (-2.25), CVS: 97.89 (+4.40), PG: 86.86 (+0.45), MO: 67.63 (-0.02), CVX: 98.56 (-0.55), BA: 131.75 (-1.46), CMCSA: 67.12 (-0.42), AAPL: 104.44 (-1.61)
Philip Morris Falls 1.35% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jul 27, 12:11PM CDT
Philip Morris (NYSE
PM: 100.07 (-0.08)
Altria (MO) Q2 Earnings Beat, Sales Miss; 2016 View Raised
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 9:32AM CDT
Altria Inc.'s (MO) second-quarter 2016 adjusted earnings of 81 cents per share beat the Zacks Consensus Estimate of 80 cents by 1.25%.
RAI: 49.83 (-0.01), BTI: 128.35 (+1.77), PM: 100.08 (-0.07), MO: 67.63 (-0.02)
Reynolds (RAI) Q2 Earnings, Sales Miss; 2016 View Narrowed
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 9:51AM CDT
Reynolds American Inc.'s (RAI) second-quarter 2016 adjusted earnings of 58 cents per share missed the Zacks Consensus Estimate of 61 cents by 4.91%.
RAI: 49.83 (-0.01), BTI: 128.35 (+1.77), PM: 100.08 (-0.07), MO: 67.63 (-0.02)
Philip Morris Q2 Earnings, Sales Miss Estimates
Zacks Equity Research - Zacks Investment Research - Tue Jul 19, 7:24AM CDT
Philip Morris International Inc. (PM) is one of the leading manufacturer and distributor of cigarettes and smokeless tobacco products in approximately 180 countries.
PM: 100.08 (-0.07)
e-cigarette May Cause Less Harm: Tobacco Primes to Gain
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 9:33AM CDT
With people becoming increasingly health conscious, more and more anti-tobacco campaigns around the world are on the rise.
RAI: 49.83 (-0.01), PM: 100.08 (-0.07), MO: 67.63 (-0.02)
Philip Morris (PM) Likely to Beat Q2 Earnings: Stock to Gain?
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 9:27AM CDT
We expect tobacco giant Philip Morris International Inc. (PM) to beat expectations when it reports second-quarter 2016 results on Jul 19, before market opens.
POST: 85.45 (-1.16), PM: 100.08 (-0.07), NUS: 52.53 (-0.13), MO: 67.63 (-0.02)
5 Stocks with Impressive Growth Prospects and Yields
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 11:08AM CDT
Here are the five stocks that follow the 'holy grail' of dividend-growth investing and offer tremendous growth potential, high-dividend yield and consistent and safe operations
PM: 100.08 (-0.07), FRO: 7.52 (-0.16), ENB: 40.31 (+0.30), MO: 67.63 (-0.02), INTC: 34.55 (-0.30), OMAB: 48.82 (-0.06)
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: 49.83 (-0.01), PM: 100.08 (-0.07), MO: 67.63 (-0.02), TSN: 73.67 (-0.61)
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: 49.83 (-0.01), BTI: 128.35 (+1.77), PM: 100.08 (-0.07), MO: 67.63 (-0.02)
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: 100.08 (-0.07)
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: 100.08 (-0.07)
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: 100.08 (-0.07), MO: 67.63 (-0.02)
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: 49.83 (-0.01), PM: 100.08 (-0.07), BIDU: 161.42 (-1.81), MO: 67.63 (-0.02), SJM: 154.13 (-0.15)
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: 49.83 (-0.01), PM: 100.08 (-0.07), MO: 67.63 (-0.02)
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: 49.83 (-0.01), PM: 100.08 (-0.07), MO: 67.63 (-0.02), VGR: 21.71 (-0.21)
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: 49.83 (-0.01), PM: 100.08 (-0.07)
Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.02 Per Share
BusinessWire - Thu Jun 09, 3:21AM CDT
Regulatory News:
PM: 100.08 (-0.07)
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: 49.83 (-0.01), KO: 43.51 (+0.06), MDLZ: 42.96 (-0.52), KMB: 131.38 (+0.57), UL: 47.00 (+0.51), MO: 67.63 (-0.02), DEO: 115.96 (+1.05), K: 81.78 (-0.59), SJM: 154.13 (-0.15), PEP: 108.71 (-0.22), DPS: 97.02 (-0.98), PM: 100.08 (-0.07), NUS: 52.53 (-0.13), PF: 49.65 (-0.71), PG: 86.86 (+0.45), EL: 93.19 (-0.24), GIS: 71.10 (-0.53)