Latest Articles
-
How Will A Ban On Foreign Tobacco Investment In India Affect Philip Morris?
Philip Morris’ place in the Indian tobacco space may be under threat if the documents seen by Reuters, which state the Indian government’s intentions to further tighten foreign investment rules in the sector, are proved to be true. Fo...
-
FDA Approval For iQOS To Be A Game Changer For Altria
Philip Morris International (NYSE:PM) submitted a Modified Risk Tobacco Product (MRTP) application for its electronically heated tobacco product, iQOS, with the US Food and Drug Administration (FDA) on December 5th. This was consistent with the c...
-
EU Comes Up With A Plan To Prevent Illicit Cigarette Trade
A draft report commissioned by the EU has stated a Europe-wide system should be developed to track cigarettes, which should be run by the industry together with independent third parties, according to the Financial Times. This new program should ...
-
Forecasting An End Of Cigarettes, Philip Morris Launches iQOS In The UK
Tobacco giant Philip Morris International (NYSE:PM) launched its potentially reduced-risk tobacco product, iQOS, in the UK on November 30th. This product is a black pen-shaped device that heats tobacco, instead of burning it, in an effort to red...
-
Is Japan The New Battleground For Tobacco Firms?
Many tobacco companies have come to acknowledge the growing importance of having reduced-risk products in their portfolio to attain long-term success. In this regard, Philip Morris International (NYSE:PM) launched its heat-not-burn technology de...
-
BAT’s Possible Acquisition Of Reynolds To Shake Up The Tobacco Industry
British American Tobacco has offered to pay $47 billion to acquire the 58% of Reynolds American Inc. that it doesn’t already own, in a move that would make the combined company the world’s largest publicly traded tobacco company. BAT ...
-
Philip Morris Q3 2016: Flat Earnings Driven By Shipment Volume Decline
Philip Morris International (NYSE:PM) reported its third quarter results on October 18, 2016 . While the company beat the EPS consensus estimate by a penny, it missed out on revenue. See Our Complete Analysis For Philip Morris International ...
-
Will Philip Morris Beat Expectations This Earnings Season?
Philip Morris International (NYSE:PM) is set to report its third quarter earnings on October 18. Philip Morris’ shareholders are no doubt waiting for the earnings slide to end. Consensus estimates expect a flat earnings report, with a sligh...
-
What Factors Will Ensure Growth For Philip Morris In Asia?
The Asian division of Philip Morris International (NYSE:PM) sells tobacco products, primarily cigarettes, that include Marlboro, L&M, Philip Morris, Chesterfield, and Parliament. The major markets for PMI Asia include Japan, Australia, India...
-
Philip Morris Disappoints Investors With Its Dividend Hike
Tobacco giants – Altria (NYSE:MO) and Philip Morris International (NYSE:PM) – have been among the top dividend giants in the stock market, and share much of their history together. Until 2008, the two companies were one corporate en...
-
What Are The Risks Associated With Holding Philip Morris’ Stock?
Tobacco giant Philip Morris International (NYSE:PM) has performed exceptionally since it became an entity separate from Altria in 2008. It is also known for its hefty dividends, another reason for it to be a favored stock in any portfolio. Howev...
-
Can iQOS Be A Key Growth Driver For Philip Morris In The Future?
Philip Morris International (NYSE:PM) uses the term Reduced Risk Products (RRPs) to refer to products with the “potential to reduce individual risk and population harm, in comparison to smoking cigarettes.” The company has a number of...
-
What Led To The Poor Performance Of Philip Morris In Its Latin America And Canada Region In The Second Quarter?
During the recent earnings announcement of the second quarter, it could be seen that the Latin America and Canada region was the worst performing segment for Philip Morris International (NYSE:PM). The net revenues in the region, excluding excise...
-
Philip Morris Q2 2016 Earnings: Currency Headwinds Leave The Company Flat
Key Takeaways: 1. Guidance Raised, Driven By Currency Reported diluted EPS guidance for 2016 revision driven solely by currency. A 10% to 12% increase over the 2015 EPS of $4.42, excluding currency. Guidance now includes 40 cents of un...
-
How Will Philip Morris Perform In Q2 2016?
Philip Morris is set to announce its second quarter results on July 19th, 2016. Key Trends Expected In The Quarter: 1) High Exposure To A Strong Dollar As the company is US based, deriving all its revenues from international sales, it is ...
