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Philip Morris International Inc. Reports 2019 Third-Quarter Results
Philip Morris International reports Q3 EPS of $1.22
Philip Morris CEO says vaping crisis is 'very emotional', will result in regulated market - CNBC
Philip Morris International Inc. is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada. The Company's portfolio of international and local brands is led by Marlboro. Its mid-price brands are L&M, Lark, Merit, Muratti and Philip Morris. Its other international brands include Bond Street, Chesterfield, Next and Red & White. The Company also owns various local cigarette brands, such as Dji Sam Soe, Sampoerna and U Mild in Indonesia; Champion, Fortune and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.
120 Park Ave
Louis C. Camilleri
Non-Executive Chairman of the Board
Marc S. Firestone
President - External Affairs, General Counsel
Chief Executive Officer, Director
Martin G. King
Chief Financial Officer
President - Middle East and Africa Region and PMI Duty Free
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Japan Tobacco is halving the price of starter kits for its Ploom S reduced-risk cigarettes, as it struggles to compete against rival Philip Morris International.
Japan Tobacco Inc cut its annual profit outlook on Thursday, citing weaker-than-expected sales of its reduced-risk cigarettes amid strong competition from rival Philip Morris International Inc.
With the world turning against smokers, Philip Morris International hopes its new cigarette substitute IQOS will bring back the spark. Investors in the $126 billion Marlboro maker aren’t buying it.
* Indexes up: Dow 0.6%, S&P 0.6%, Nasdaq 1.1% (Updates to late afternoon)
Philip Morris International Inc has abandoned merger talks with Altria Group Inc, it said on Wednesday.
British American Tobacco said it would launch two new tobacco heating products in Japan under its glo brand, as it seeks to close the gap with market leader Philip Morris International Inc in the country's fast-growing vaping industry.
* BAT, Imperial Brands dip on Philip Morris-Altria merger talks
Marlboro maker Philip Morris International Inc <PM.N> said on Tuesday it was in talks to reunite in a merger with Altria Group Inc <MO.N> following its 2008 spin-off, as the tobacco giants seek to pool resources in the fast growing e-cigarette market.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
Philip Morris International Inc said on Tuesday it was in talks with tobacco company Altria Group Inc to combine in an all-stock merger.
The South African unit of cigarette maker Philip Morris International Inc <PM.N> opened its first flagship store in Johannesburg on Thursday, as it tries to grow demand in Africa for its alternative heated tobacco product IQOS.
Swiss Foreign Minister Ignazio Cassis is under fire over a 1.8 million Swiss francs ($1.8 million) sponsoring deal his department struck with tobacco giant Philip Morris International <PM.N> to help fund Switzerland's Expo 2020 pavilion in Dubai.
India's health ministry has asked all state governments in the country not to partner with the Foundation for a Smoke-Free World (FSFW) because of its links to tobacco giant Philip Morris International Inc <PM.N>, a letter seen by Reuters showed.
India's health ministry has asked all state governments in the country not to partner with the Foundation for a Smoke-Free World (FSFW) because of its links to tobacco giant Philip Morris International Inc, a letter seen by Reuters showed.
Brazil's solicitor general's office is suing the world's largest cigarette makers British American Tobacco Plc and Philip Morris International to recover the public health treatment costs of tobacco-related diseases over the last five years.
Cigarette maker Philip Morris International Inc has suspended a global social media marketing campaign in response to Reuters inquiries into the company’s use of young online personalities to sell its new "heated tobacco" device, including a 21-year-old woman in Russia.
The U.S. Food and Drug Administration on Tuesday said it would allow Philip Morris to sell a heated tobacco product called IQOS in the United States, a major victory for the international tobacco giant as it looks to sell more alternatives to traditional cigarettes.
The U.S. Food and Drug Administration on Tuesday said it would permit Philip Morris to sell its IQOS tobacco heating system in the United States.
Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec this month.
Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec earlier this month.
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