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Headlines Tagged with Investing 4,189 headlines found


Philip Morris International: light my fire ($$)

Financial Times (uk)
added Apr 20, 2018 17:51

Are Cigarettes Finally Dead? Phillip Morris Plunges

Philip Morris International (PM) shares are in free-fall this morning after announcing Q1 earnings that were actually slightly higher than analyst estimates. Revenues were lower than expected however, and the future of the industry looks grim.
Zacks Investment Research, Inc.
added Apr 20, 2018 17:46

Philip Morris: Smoke Gets in Your Eyes

Analysts are still upbeat about Philip Morris, but aren't surprised that the shares are trading down today, given the lackluster results for its iQOS heated tobacco products: Technological advances like ecigarettes and smokeless tobacco are becoming incr
added Apr 20, 2018 17:42

Basically, no one wants Philip Morris tobacco products anymore

Apparently, people aren’t that interested in sucking the tobacco out of Phillip Morris’s new iQos offering. The cigarette giant had hoped the smoke-free product would help propel it into a new era, but as Bloomberg reports, after it spent $4.5 billion on
Fast Company
added Apr 20, 2018 17:41

Philip Morris’s Drop Is Big, But Where There’s Smoke ...: Gadfly

Predictably, many analysts were still upbeat. Wells Fargo & Co.’s Bonnie Herzog said she’s still optimistic on Philip Morris’s long-term growth prospects, while Piper Jaffray Cos.’ Michael Lavery said the drop looked excessive relative to the fundamental
Washington Post
added Apr 20, 2018 17:40

Why tobacco stocks’ downturn is likely to go up in smoke

So have we really turned a corner, where tobacco companies will no longer generate the gargantuan long-term returns they’ve been known for? I don’t think so, which is why I bought Altria – a sister company to Philip Morris – on the dip. My refusal to b
Globe and Mail (ca)
added Apr 20, 2018 17:39

Philip Morris International Inc.: An Industry Goes Up in Smoke

Philip Morris fell 15% and took the whole tobacco sector down with it.
added Apr 20, 2018 17:33

Zacks Investment Ideas feature highlights: Phillip Morris International, Altria and British American Tobacco

Other industry players are falling today as well on the news as investors ruminate on an uncertain future for tobacco. U.S. Marlboro producer Altria is down over 7% and British American Tobacco - owner of R.J Reynolds - is down almost 6%. Philip Morris
added Apr 20, 2018 17:32

[UK] Tobacco pair suffer after smoke clears from rival

London’s two big tobacco groups were left wheezing after Philip Morris of the US reported a lower than expected increase in first-quarter revenues and its chief executive expressed caution about sales in Russia, the Gulf and Japan. Shares in British Ame
Times Of London (uk)
added Apr 20, 2018 17:31

[Japan] Philip Morris's Next Challenge: Get Grandpa Stoked to Vape

iQos, is big in Japan, with a 16 percent share of the country’s tobacco market. But 40 percent of Japanese adult smokers are age 50 and older, and they’ve been more leisurely about changing habits. Sales growth slowed in the first quarter and company rev
Bloomberg News
added Apr 20, 2018 17:30
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