Philip Morris’s stock touches record high as outlook tops Wall Street estimates
Philip Morris International Inc.’s stock touched an record high on Thursday after it issued a profit outlook that topped Wall ...
Philip Morris Stock Hits All-Time High on Demand for Smoke-Free Options
Key Takeaways Demand for Philip Morris International's smoke-free products helped the tobacco giant beat fourth-quarter ...
Tobacco stocks may get a lift after the U.S. menthol cigarette ban goes up in smoke
On January 15, the Food and Drug Administration released a proposed rule that would significantly reduce nicotine levels in cigarettes, including menthol cigarettes. The proposal aims to make ...
Altria’s robust pricing strategy for smokable products, gains from smoke-free segment in ...
However, Morgan Stanley analyst Eric Serotta forecasts 7% to 9% per year net pricing over the next several years, despite continued consumer migration to the discount segment. Altria’s robust ...