The Latest Breaking News from Philip Morris

With the Australian Energy Market Operator (AEMO) warning consumers of huge price hikes ahead, further calls for the federal government to pull its so-called “gas trigger” seem inevitable.

Despite concerns over aggressive policy tightening to combat high inflation and a potential recession, an unexpected resiliency in consumer spending, a healing job market, and a better-than-expected corporate season are driving positive sentiment in the market. However, since the market volatility is not expected to lessen anytime soon, stable dividend-paying…

Philip Morris International Inc. (NYSE: PM) is likely to register a top and bottom-line decline when it reports second-quarter 2022 earnings on Jul 21.

In a comedic keynote speech in 1997, legendary investor Peter Lynch described the ten most dangerous things people say about stocks.

Share prices generally are down, so why not focus on something that works: dividend stocks? That's helped Europac International Dividend Income Fund.

Ten U.S. companies disclose sales exposure to Russia, and that exposure isn't very big, Bank of America says.

The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay them.

Reuters

Philip Morris International Inc (NYSE:PM) offers to acquire Swedish Match AB (OTC:SWMAF) for SEK161.2 billion (~$16 billion). Swedish Match's board recommends shareholders accept the offer. Investors in the Stockholm-based company will receive SEK106 in cash for each share held.  The offer price represents a 39.4% premium to the company’s share price of SEK76.06 on…

New York (AFP) - Tobacco giant Philip Morris International is in talks to acquire Swedish Match, the companies said Monday, in a deal that would boost its smokeless offerings. 

Four decades after Bon Scott was found dead in London, the enigmatic AC/DC star's closest friends and relatives have spoken of his greatest vulnerability.