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Philip Morris Bets on Heated Tobacco to Keep Things Rolling

Something new is helping make up the difference this year, though. Sales of heated tobacco products, which heat tobacco in water to create a vapor, and according to Philip Morris, reduce the risks associated with inhaling combustible products, have incre
Motley Fool
added Oct 29, 2017 18:31
5 Views

Altria Reports 2017 Third-Quarter and Nine-Months Results; Reaffirms 2017 Full-Year Earnings Guidance

“Altria delivered outstanding performance in the third quarter and for the first nine months of 2017 as our core tobacco operating companies generated strong income growth,” said Marty Barrington, Altria’s Chairman, Chief Executive Officer and President.
Business Wire
added Oct 26, 2017 18:37
4 Views

Philip Morris International Inc. (PMI) Files Quarterly Report on Form 10-Q

PMI makes available free of charge on its website at www.pmi.com, its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, reports filed pursuant to Section 16 of the U.S. Securities Exchange Act of 1934 and amendment
Business Wire
added Oct 26, 2017 17:22
11 Views

BAT targets doubling in vapour products revenue in 2018

forecast revenue from its “next generation products” to double to more than 1 billion pounds next year as it sells vapour devices in more markets.
Reuters
added Oct 25, 2017 12:46
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Altria to hold Investor Day

The US-based Altria Group is due to host a webcast of its Investor Day in Richmond, Virginia, on November 2. The presentation will be live from about 10.20 through 12.20 Eastern Time, resuming about 14.30 following lunch and a manufacturing-center tour.
Tobacco Reporter
added Oct 21, 2017 19:51
8 Views

Philip Morris Earnings May Have Disappointed, but Watch Those Heets!

They would like to get out of selling cigarettes altogether. Actually, they want you to switch. The company, spun off from U.S. counterpart Altria (MO) in 2008, would like all smokers to transition to its "smoke-free" products. It has four, the most fam
thestreet.com
added Oct 20, 2017 18:52
7 Views

Phillip Morris Earnings Up in Smoke

CEO André Calantzopoulos commented: As expected, our third-quarter financial results were very strong, including double-digit currency-neutral EPS growth. We recorded a sequential improvement in our total volume performance, driven by both our combusti
24/7 Wall Street
added Oct 19, 2017 18:56
13 Views

Why Can't Philip Morris International Catch a Break?

Even with iQOS doing well, Philip Morris needs to find a way to cushion the blow of falling cigarette demand across the globe. Otherwise, the transition to reduced-risk products will only get bumpier in the years to come.
Motley Fool
added Oct 19, 2017 15:39
5 Views

Philip Morris International Inc. (PMI) Reports 2017 Third-Quarter Results; Revises 2017 Full-Year Reported Diluted EPS Forecast...

"Despite pressure on profitability from adverse developments in Russia and Saudi Arabia, as well as significant investments behind IQOS, which continues its stellar performance, we are on track to deliver full-year currency-neutral adjusted diluted EPS gr
Business Wire
added Oct 19, 2017 15:25
3 Views

Despite Recent Victories, Risks Remain For Plan Fiduciaries ($$)

including a Fourth Circuit decision in Richard G. Tatum et al. v. RJR Pension Investment Committee et al., No. 16-1293 (4th Cir.). These recent decisions suggest a new era in the ongoing saga of ERISA single-stock fund litigation — and one that may bode w
Law360
added Oct 17, 2017 17:46
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