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More Impressive News Regarding iQOS In Philip Morris’ Fourth Quarter

The strong performance of iQOS in Japan helped in increasing the total cigarette and heated tobacco unit volume by 30%. The market share of the Marlboro HeatSticks grew by 9 points to 13.9% in the fourth quarter, and reached 14.1% for the month of Decem
Trefis
added Feb 11, 2018 00:32
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More Impressive News Regarding iQOS In Philip Morris' Fourth Quarter

While cigarette volumes fell as expected, a 2.1% drop, PM recorded heated tobacco shipment volume of 15.72 billion, an over 300% jump. The immense growth in the iQOS sales resulted in a favorable volume mix variance of $1.1 billion, PM's best ever perform
NASDAQ
added Feb 9, 2018 22:51
15 Views

Philip Morris Notice: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Philip Morris International Inc. - PM

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) there were irregularities in the clinical experiments that underpin Philip Morris' application to the FDA for app
PR Newswire
added Feb 8, 2018 21:24
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UPDATE 1-Imperial Brands says on track to meet forecasts

Imperial Brands is on track to meet forecasts for the current financial year and is focusing on expanding its presence in vaping, the British tobacco company said on Wednesday. In a statement ahead of its annual meeting on Wednesday the company also fore
Reuters
added Feb 8, 2018 04:53
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[UK] Imperial Brands maintains full-year guidance despite hit from Palmer & Harvey collapse

Palmer & Harvey, one of the UK's largest cigarette supplier, went into administration last November after unsuccessful attempts to restructure the business in the face of challenging trading conditions. Imperial said reported operating profit will take
Proactiveinvestors UK Ltd (uk)
added Feb 7, 2018 15:59
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Senators Traded in Tobacco Stocks While Sitting on Health Committee

on the Senate committee that crafts legislation about health and oversees public health agencies disclosed ...Sen. Orrin Hatch (R-Utah) reported purchasing at least $15,000 worth of stock in Philip Morris International. Sen. Patty Murray’s (D-Wash.) husba
Scientific American
added Feb 7, 2018 01:00
15 Views

11 Cheapest Cigarette Brands in 2018

Good news for all the smokers this year comes in the form of our list of 11 cheapest cigarette brands in 2018. Smoking seems to be an expensive habit even if you don’t smoke the most expensive brand of cigarettes. Over the past years, tobacco product pr
Insider Monkey
added Feb 6, 2018 18:22
7 Views

This Stock Proves How Much Egyptians Love Their Cigarettes

Shares of Cairo-based Eastern Tobacco, which holds a monopoly on cigarette production in Egypt, have hit successive record highs, in both dollar and local-currency terms, after the company posted an increase of almost 161 percent in first-half profit.
Bloomberg News
added Feb 6, 2018 17:58
5 Views

[California, New York] COPLAND: The pension divestment ripoff

the California Public Employees Retirement System, decided to divest their funds of tobacco stocks. In 2016, the California fund released a report by an outside consultant that calculated that this boneheaded divestment plan had cost the pension system mo
New York Daily News
added Feb 5, 2018 22:16
14 Views

iQOS Expected To Be A Key Growth Driver For Philip Morris

These factors in conjunction could result in a reduced operating margin for the company. However, in the future, as iQOS has higher margins, as compared to traditional cigarettes, they could be expected to improve the margins for Philip Morris.
Trefis
added Feb 5, 2018 19:24
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