STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (NYSE: PM) today published its sixth annual Integrated Report, marking the company's 10th year of business transformation and sustainability disclosures. The document details PMI's continued progress in delivering long-term value to shareholders and other stakeholders while advancing its purpose of having its smoke-free alternative...
There's no ignoring it. President Trump's tariffs and trade threats are roiling the markets, sending the S&P 500 into a correction for the first time since 2022.
The upcoming Liberation Day tariffs by Donald Trump will be the main catalyst for the stock market in April. These tariffs helped to tank the stock market in Q1, with the S&P 500 index falling by double digits during the quarter.
Philip Morris International remains a strong buy due to its dominance in smoke-free products like IQOS and ZYN, outperforming the S&P 500 by over 20% since my last article. The latest earnings report showed robust growth, with total revenue up 10% and smoke-free product sales up 15%, highlighting PM's market leadership of the hottest growth story in consumer staples. Currency fluctuations have ...
Philip Morris International officially launched IQOS in Austin, Texas, on Thursday, kicking off efforts by the world's largest cigarette maker to build a market for its flagship heated tobacco device in the United States.
Human vices like alcohol, tobacco, and sex persist; companies in these industries remain profitable and offer attractive dividends despite societal disapproval. The tobacco industry is in slow decline but still profitable; British American Tobacco, Altria, and Philip Morris offer high dividends and are transitioning to less harmful products. Alcohol consumption remains high despite narratives o...
Philip Morris is soaring on the Zyn nicotine pouch craze and is now in a valid base, trading just below a buy point. The post This Tobacco Giant's Business Shift Moves It Near The Top Of The S&P 500 appeared first on Investor's Business Daily.
Data is abundant, if not overwhelming, on Wall Street. Between earnings season -- the six-week period when a majority of S&P 500 companies unveil their quarterly operating results -- and near-daily economic data releases, it can be easy to miss something important.
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