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Philip Morris Stays Neutral - Analyst Blog

Results were driven by favorable pricing and volume mix as well as strong performance in Asia, Eastern Europe, Middle East & Africa, and the European region.
NASDAQ
added Jun 27, 2012 15:32
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[Asia, India] ITC jumps on new health minister appointment

ITC Ltd jumps 4.3 percent, heads towards its biggest single-day gain since Sept. 10, 2013. Traders cite appointment of J.P. Nadda as new health minister as reasons behind gains...hope new minister may not pursue a much speculated tax increase
Reuters
added Nov 11, 2014 15:44
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Lorillard Investor Sues to Halt $25 Billion Reynolds Deal

“To the detriment of the company’s shareholders, the terms of the merger agreement substantially favor Reynolds and are calculated to unreasonably dissuade potential suitors from making competing offers,” the investor, Vincent Valentino, said in the compl
Business Week/Bloomberg
added Jul 23, 2014 20:51
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Lorillard profit down 8.8% on legal costs

third-quarter earnings fell 8.8% as legal costs weighed on the bottom line, though core results strengthened on higher volumes for traditional cigarettes and increased demand for e-cigarettes.
CBS MarketWatch
added Oct 23, 2013 13:07
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[Australia] Super fund quits tobacco companies

SUPERANNUATION fund First State Super has wiped from its investment portfolios all companies involved in the manufacture of tobacco products, in a move welcomed by cancer specialists. Chief executive Michael Dwyer said the decision to exclude the cigare
Brisbane (QLD) Times (au)
added Jul 20, 2012 03:49
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[UK] Imperial Tobacco share price: Group to appoint Lorillard CFO as head of subsidiary

Martin Orlowsky resigns post due to differences in management style / Imperial Tobacco’s first-quarter sales hit by stronger pound
iNVEZZ Limited
added Feb 26, 2015 14:49
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[Florida] Philip Morris, Reynolds and Lorillard Settle Federal Engle Cases

Herzog estimated the various tobacco companies have had an approximately 50% success rate in Engle cases over the past several years. “We view this is a favorable conclusion for all three to a substantial outstanding legal battle,” she said. “While no i
Convenience Store/Petroleum (CSPNet)
added Feb 25, 2015 16:43
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[Australia, Canada, Russia, UK, USA] 3 Things Altria Dividend Stock Investors Need To Know (MO)

investors might wonder how much more Altria can hike prices before adversely impacting demand. To better understand the situation, let's compare U.S. cigarette prices and smoking rates to some other major markets:
Motley Fool
added Nov 21, 2014 01:30
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Americas Tobacco: TPSAC vote delays/lowers the likelihood of MRTPA approval for iQOS; PMTA approval still likely

While the FDA decision is still pending (and the TPSAC vote is not binding), we believe yesterday's votes lower the likelihood of iQOS obtaining a reduced risk claim. From a stock standpoint, we still see strong (30%) share price upside potential in PM an
Goldman Sachs Research
added Jan 27, 2018 02:54
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Will E-Cigarettes Destroy Big Tobacco?

Ultimately, this is an opportunity to increase the welfare of smokers. According to Goldman Sachs, for every pack of cigarettes sold in the U.S. about $3.16 goes to government agencies. E-cigs are not yet regulated and could be sold cheaper than conventio
Motley Fool
added Sep 3, 2013 02:27
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