STAMFORD, CT--(BUSINESS WIRE)--For the fourth consecutive year, Philip Morris International Inc. (PMI) (NYSE: PM) has received a “triple-A” rating from CDP for its disclosures on climate change, forests, and water security—placing PMI among the world’s leading companies in environmental transparency and action. PMI has maintained a position on CDP’s Climate A List for the past 10 years, reflecting its commitment to transparency and performance as the company progresses toward achieving its science-based ...

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc (PMI) (NYSE: PM) is pleased to announce that it has reached a global settlement with British American Tobacco p.l.c. (BAT) that resolves all ongoing patent infringement litigation between the parties related to our heated tobacco and vapor products. Patent protection is a critical component of the innovation driving PMI’s strategies and the company welcomes this settlement as the best path forward for its business plans. The settlement include ...

STAMFORD, Conn.--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2023Q4earnings on Thursday, February 8, 2024, at 9:00 a.m. ET, to discuss its 2023 Fourth-Quarter and Full-Year financial results, which will be issued at approximately 7:00 a.m. ET the same day. The webcast will be hosted by Jacek Olczak, Chief Executive Officer, and Emmanuel Babeau, Chief Financial Officer, and will include discussion of PMI’s financial resul ...

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In the latest trading session, Philip Morris (PM) closed at $91.70, marking a +0.94% move from the previous day. This change outpaced the S&P 500's 0.76% gain on the day. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 1.12%.Shares of the seller of Marlboro and other cigarette brands witnessed a loss of 3.43% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 4.52% and the S&P 500's gain of 2.5%.The upcoming earnings relea ...

STAMFORD, Conn.--(BUSINESS WIRE)--Moira Gilchrist, Global Chief Communications Officer at Philip Morris International (PMI), clarifies company’s marketing practices and facts related to ZYN nicotine pouches. ...

The latest trading session saw Philip Morris (PM) ending at $92.43, denoting a +0.12% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 0.22%. Meanwhile, the Dow experienced a rise of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.32%.Coming into today, shares of the seller of Marlboro and other cigarette brands had lost 0.67% in the past month. In that same time, the Consumer Staples sector gained 3.22%, while the S&P 500 gained 1.61%.The investment communi ...

FABRICE COFFRINI/AFP via Getty ImagesBackground We last covered Philip Morris (NYSE:PM) in July of 2023--you can read the article by clicking here. At the time, we were bullish on the prospects of the long-downtrodden tobacco company as it seeks to diversify its offerings and move towards a 'smoke-free future.' Since article, the stock has largely traded sideways, underperforming the market by a fairly wide margin. KoyfinIn the last half-year, Philip Morris has delivered negative 4.5% on a total retur ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--A white paper and survey released today by Philip Morris International Inc. (PMI) (NYSE: PM) examine the increasing influence of the Fifth Estate on public discourse. Encompassing a vast and diverse range of independent commentators, social media users, content creators, and online communities, the Fifth Estate poses unprecedented challenges and opportunities for established institutions by empowering individuals and citizen-led movements to drive change. “The Fift ...

Philip Morris International Inc. (PM) has demonstrated solid resilience amid challenges on its path due to its robust pricing power. A focus on smoke-free alternatives as a response to consumers’ growing health consciousness has been helping the company stay aligned with the evolving trends.Strength in Smoke-Free ProductsPM has been making significant strides in transforming its business, acknowledging the change in consumer preferences toward reduced-risk products. Smoke-free products accounted for 36.2% o ...