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Philip Morris Cuts Profit Forecast After Canada Court Ruling
Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada......»»
India has told social-media companies to remove posts that mention the "Indian variant" of COVID-19, say reports
India's government called for action to be taken over social-media posts that reference "Indian variant." It called the phrase "completely false" Family members of a man who died of the coronavirus mourn before his .....»»
Tobacco giant Philip Morris sees a future without cigarettes — but there"s a catch
Philip Morris International America CEO Martin King on how the cigarette giant is preparing for a future when no one smokes. Philip Morris International America CEO Martin King on how the cigarette giant is preparing for a future when no one smokes......»»
Philip Morris reports cigarette/heated tobacco unit shipment volume down 3.7%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Philip Morris beats profit and revenue expectations, stock gains
Shares of Philip Morris International Inc. edged up 0.4% in premarket trading Thursday, after the cigarette maker reported fourth-quarter profit and revenue that beat expectations, as strength in heated tobacco volume helped offset declines in cigarette.....»»
How the coronavirus is hitting Philip Morris International
The global tobacco giant had a strong first quarter, but the future is more uncertain......»»
How COVID-19 Pandemic Is Stalling Philip Morris Stock
Tobacco giant Philip Morris reported first-quarter earnings and sales that beat estimates but withdrew its full-year guidance due to the unknown impact of the COVID-19 outbreak. That has weakened........»»
Philip Morris: Q1 cigarette, heated tobacco unit shipment volume fell 1.2%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
BAT files patent suits against Philip Morris" IQOS products
British American Tobacco said on Thursday that it sued Philip Morris International Inc in the United States and Germany, alleging that the tobacco heating technology used in its bigger rival's IQOS devices infringed its patents......»»
British American Tobacco files patent suits against Philip Morris" IQOS products
British American Tobacco said on Thursday it had filed patent infringement challenges against Philip Morris International Inc in the United States, the UK and Germany over the heating technology used in its iQOS tobacco products......»»
Activist investor makes new push for HC2 board to remove chief Falcone: letter
An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge fund manager faces mounting legal and financial troubles......»»
South African unit of Philip Morris welcomes tax stance on cigarette alternatives
The South African unit of cigarette maker Philip Morris International Inc welcomed the government's decision to introduce a lower excise tax on heated tobacco products than on regular cigarettes. Â .....»»
Philip Morris" campaign to "normalize" IQOS
A Stanford study found that Philip Morris' marketing of its IQOS tobacco device continues to stray substantially from its corporate standards on youth-oriented marketing. Fred Katayama reports......»»
Inside the Philip Morris campaign to "normalize" a tobacco device
At Germany's Bambi Awards for the media industry in November, celebrities posed .....»»
Amazon challenges India antitrust probe in court: filing
Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause "irreparable" loss and damage to its reputation, according to its court filing seen by Reuters......»»
Philip Morris reports Q4 cigarette, heated tobacco unit shipment volume down 5%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Philip Morris profit and sales top estimates but tobacco company offers soft guidance
Philip Morris International Inc. said Thursday it had net income of $1.616 billion, or $1.04 a share, in the fourth quarter, down from $1.910 billion, or $1.23 a sh.....»»
Tobacco Giant Philip Morris Partners With KT&G As Part Of Its "Smoke-Free Future" Agenda
Switzerland-based tobacco company Philip Morris International Inc. (NYSE: PM) has announced its partnership with South Korea's 0 read more.....»»
Philip Morris CEO wants tobacco advertising rules relaxed, Telegraph says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»