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Philip Morris (PM) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-18 23:20
Philip Morris (PM) closed at $95.33 in the latest trading session, marking a +1.12% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.63%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.82%.The seller of Marlboro and other cigarette brands's stock has climbed by 5.15% in the past month, exceeding the Consumer Staples sector's gain of 1.73% and the S&P 500's gain of 1.76%.Market participants will be closely following the financia ...
Philip Morris (PM) Advances Smoke-Free Evolution With New Launch
Zacks Investment Research· 2024-03-14 15:11
Philip Morris International Inc. (PM) is going all the way to accelerate its smoke-free transformation. With the ambition of generating more than two-thirds of its total revenues from smoke-free products by 2030, Philip Morris aims to offer enhanced alternatives to consumers. Moving on these lines, the company has unveiled its latest offering, the IQOS ILUMA i. The launch coincides with the 10-year anniversary of IQOS, which was initially introduced in Nagoya, Japan, in 2014.This new addition to Philip Morr ...
Philip Morris International Launches New IQOS ILUMA i in Japan to Accelerate the Achievement of a Smoke-Free Future
Businesswire· 2024-03-13 07:30
LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) today announced the launch of IQOS ILUMA i, the latest and most innovative addition to its growing portfolio of smoke-free products for adults who would otherwise continue to smoke or use nicotine products. Today, this range of better alternatives to cigarettes includes multiple generations of IQOS, the No. 1 tobacco heating system.1 The launch also marks the 10-Year anniversary of IQOS, originally launching in Nagoya, ...
Here's Why Philip Morris (PM) Gained But Lagged the Market Today
Zacks Investment Research· 2024-03-12 23:21
Philip Morris (PM) closed the most recent trading day at $94.67, moving +0.28% from the previous trading session. This change lagged the S&P 500's 1.12% gain on the day. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.Prior to today's trading, shares of the seller of Marlboro and other cigarette brands had gained 4.9% over the past month. This has outpaced the Consumer Staples sector's gain of 1.98% and the S&P 500's gain of 2.06% in that time.Ana ...
Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.30 Per Share
Businesswire· 2024-03-07 15:01
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE: PM) today declared a regular quarterly dividend of $1.30 per common share, payable on April 9, 2024, to shareholders of record as of March 21, 2024. The ex-dividend date is March 20, 2024. For more details on stock, dividends and other information, see www.pmi.com/dividend. Philip Morris International: Delivering a Smoke-Free Future Philip Morris International (PMI) is a leading international ...
Philip Morris International's U.S. Business Champions Female Economic Growth in Connecticut with Record-Setting $5 Million Investment Through New Partnership with Women's Business Development Council
Businesswire· 2024-03-04 23:48
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Philip Morris International (PMI) (NYSE: PM) announces the launch of an extended partnership via its U.S. business to support female empowerment with a record-setting $5 million investment in the Women’s Business Development Council (WBDC), a 501(c)(3) charitable organization dedicated to providing tools and resources to help women entrepreneurs thrive in business throughout Connecticut. Beginning January 2025, in coordination with WBDC, PMI’s U.S. business will c ...
Philip Morris (PM) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-03-01 00:16
The most recent trading session ended with Philip Morris (PM) standing at $89.96, reflecting a -0.51% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 0.52%. Elsewhere, the Dow saw an upswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.9%.Shares of the seller of Marlboro and other cigarette brands have depreciated by 0.47% over the course of the past month, underperforming the Consumer Staples sector's gain of 1.34% and the S&P 500's gain of 3.85%.Inv ...
Philip Morris (PM) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-02-24 00:16
Philip Morris (PM) ended the recent trading session at $91.56, demonstrating a +0.41% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.04%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.28%.Heading into today, shares of the seller of Marlboro and other cigarette brands had lost 0.02% over the past month, lagging the Consumer Staples sector's gain of 3.75% and the S&P 500's gain of 5.01% in that time.The investment community will be paying c ...
Philip Morris International Inc. (PM) Consumer Analyst Group of New York (CAGNY) Conference (Transcript)
2024-02-21 19:27
Philip Morris International Inc. (NYSE:PM) Consumer Analyst Group of New York (CAGNY) Conference February 21, 2024 10:00 AM ET Company Participants Jacek Olczak - Chief Executive Officer Emmanuel Babeau - Chief Financial Officer Stacy Kennedy - President of Americas & CEO of PMI U.S. Stefano Volpetti - President, Smoke-Free Inhaled Products & Chief Consumer Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Bonnie Herzog And thanks again for joining us today. So it's my pleasure to welcome P ...
Philip Morris International Presents at 2024 CAGNY Conference; Reaffirms 2024 Full-Year Forecast for Reported Diluted EPS of $5.90 to $6.02 and Adjusted Diluted EPS of $6.32 to $6.44, Representing Currency-Neutral Growth of 7% to 9%
Businesswire· 2024-02-21 13:00
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.’s (PMI) (NYSE: PM) Chief Executive Officer, Jacek Olczak and Chief Financial Officer, Emmanuel Babeau, will address investors today at the 2024 Consumer Analyst Group of New York (CAGNY) Conference. The event will be webcast live in listen-only mode, beginning at approximately 10:00 a.m. ET, at www.pmi.com/2024cagny and on the PMI Investor Relations Mobile Application (www.pmi.com/irapp). Presentation slides will also be ava ...