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The Latest Breaking News from Philip Morris

What to Expect from Philip Morris International's Next Quarterly Earnings Report

Philip Morris International is expected to release its third-quarter earnings later this month, and analysts expect single-digit bottom-line growth.

Barchart

Tucker Carlson starts a nicotine-pouch company after deciding Zyn is 'not a brand for men'

Action follows a fallout with Zyn, the brand for which he was an unofficial spokesperson.

Fortune

Is Philip Morris Stock Outperforming the S&P 500?

Phillip Morris has outperformed the broader S&P 500 index this year analysts are moderately bullish on its future potential.

Barchart

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What Are Wall Street Analysts' Target Price for Philip Morris Stock?

While Phillip Morris stock has surpassed the broader market over the past year, analysts still remain cautiously optimistic about the stock’s prospects.

Barchart

Over a third of British Gen Z adults are hooked on nicotine, with vaping surge sharply reversing historic decline

Brightly colored Lost Mary and Elf Bar brands has helped the share of British 18-24-year-olds who vape triple since May 2021.

Fortune

Philip Morris Stock: Is Wall Street Bullish or Bearish?

Philip Morris has underperformed the broader market over the past year, but Wall Street analysts are still bullish about the stock’s prospects.

Barchart

Use nicotine, win an iPad! Zyn’s viral rewards program fuels addiction fears

The trendy nicotine pouch company is following in the marketing footsteps of Marlboro and Camel

The Guardian - US

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Stock Index Futures Inch Higher Ahead of U.S. PMI Data, Tesla Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.32%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.34% this morning as investors awaited U.S. business activity data while also bracing for a deluge of corporate earnings reports.

Barchart

Stock Index Futures Tick Higher Ahead of U.S. PMI Data, Tesla Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.23% this morning as investors awaited U.S. business activity data while also bracing for a deluge of corporate earnings reports.

Barchart

Philip Morris Q4 earnings miss estimates, but room for growth

Philip Morris (PM) reported Q4 results, with revenues slightly above but earnings missing estimates. Despite a 7% decline in stock, there is room for growth.

Top News

Millions of young people exposed to vape posts online, charity says

Report claims posts promoting smoking alternatives have been viewed more than 3.4bn times across social media

The Guardian - UK

Philip Morris lobbying to stop WHO ‘attack’ on vapes and similar products

Exclusive: Leaked email shows firm behind Marlboro cigarettes critical of global ‘prohibitionist’ agenda

The Guardian - UK

Nasdaq Futures Plunge as Disappointing Tesla and Netflix Results Weigh on Sentiment

September Nasdaq 100 E-Mini futures (NQU23) are down -0.67% this morning as disappointing earnings results from U.S. heavyweights Tesla and Netflix weighed on sentiment, while investors looked ahead to the next round of corporate earnings.

Barchart

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The Guardian - AU

Philip Morris making deals with Australian pharmacies to supply below-cost vaping products

VEEV nicotine pods and devices offered at an 80% margin on the condition pharmacies sign supply deal with the tobacco giant

Barchart

3 High-Yield Dividend Stocks to Scoop Up Now

Given their healthy growth prospects, stable cash flows, and attractive valuation, these three high-yielding dividend stocks could be ideal for income-seeking investors.

The Conversation

How Clive Palmer is suing Australia for $300 billion with the help of an obscure legal clause (and Christian Porter)

Australian business figure Clive Palmer is suing the Australian government for almost A$300 billion in an international tribunal, having lost a case against the Western Australian government he took all the way to the High Court.

The Guardian - AU

The links between pollution and miscarriage: ‘This is the stuff nightmares are made of’

Journalist Isabelle Oderberg has spent years researching the links between pollution and early pregnancy loss. What she has learned keeps her up at night

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Bangkok Post

Appeal court orders tobacco tax-dodging fine cut

The Court of Appeal on Tuesday ordered a reduction to a 130-million-baht fine imposed on the tobacco giant Philip Morris for evading tax on cigarettes imported from Indonesia.

The Guardian - UK

Lynton Crosby firm lobbied ministers while advising Boris Johnson

Exclusive: CT Group’s activities on behalf of energy, tobacco and property firms raise questions over potential conflict of interest

Benzinga

Apple Supplier Says Smartphone Market May Slump Into Next Year, Meta Loses Veteran Exec Behind Instagram and WhatsApp Acquisitions, Voyager Digital Seeks Creditors' Vote For Sale To FTX: Top Stories Thursday, Oct. 20

Bloomberg YouTube Named Google Play Executive As New Gaming Head

The Conversation

British investors could sue Australia over climate action if UK joins trans-Pacific trade pact

British oil and gas miner Rockhopper Explorations last month won £210 million plus interest (about A$360 million) in compensation over Italy’s 2015 ban on oil and gas drilling within its territorial seas.

Benzinga

Benzinga Before The Bell: Tesla Model Y Delivery Wait Time Shortened In China, Mark Zuckerberg's Sister Emphasizes On Evolution Of Web3, Amazon Succumbs To TikTok Fever And Other Top Financial Stories Thursday, August 18

CNBC

The Guardian - AU

Tobacco giant’s cash for vapes scheme paused after backlash from Australian health experts

Proposed program that would see Philip Morris pay pharmacists $275 when they order VEEV vapes labelled ‘nothing short of appalling’

The Conversation

Hey minister, leave that gas trigger alone – it may fire up a fight with foreign investors

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.

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