PM


Philip Morris Reports Strong Q3 Results; Street Says Buy

Cigarette and tobacco manufacturing company Philip Morris International Inc. (PM) has reported strong results for the third quarter ended September 30, 2021.

Philip Morris to Acquire Vectura Group for $1.2B; Street Says Buy

Philip Morris International (PM) has agreed to acquire Vectura Group, an innovative inhaled drug delivery solutions provider, in an all-cash deal of approximately $1.2 …

Philip Morris Boosts Shareholder Value with $7B Buyback Program

Philip Morris (PM) announced a new share repurchase program of up to $7 billion shares. Following the announcement, shares of the cigarette and …

Philip Morris Slips 6% As 4Q Profit Outlook Misses Estimates

Shares of Philip Morris plunged 5.8% on Tuesday after its 4Q earnings guidance fell short of analysts’ expectations.

Philip Morris Ramps Up Dividend By 2.6% As Jefferies Sees Headwinds

Philip Morris International announced that it is raising its regular quarterly dividend by 2.6% to an annualized rate of $4.

Altria vs Philip Morris: Which Stock Is A More Compelling Buy?

Tobacco giants Altria and Philip Morris have been under pressure over the recent years due to a secular decline in cigarette volumes. This …

Philip Morris Releases Strong Q1 Results; Warns That Worse Is To Come

Philip Morris International (PM) has released strong first-quarter results with revenue of $7.15B (+5.

3 Defensive Dividend Stocks With Over 5% Dividend Yield

The coronavirus outbreak has been taking up its fair share of headline space, and rightly so. The virus first appeared in Wuhan, China, …

3 Undervalued Stocks Offering Juicier Dividend Yields Than S&P 500

The market rally is alive and well. Following the Federal Reserve’s third rate cut this year, the S&P 500 moved higher on Wednesday.

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