|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's range||82.42 - 83.86|
|52-week range||64.67 - 92.74|
|Beta (3Y monthly)||1.03|
|PE ratio (TTM)||16.52|
|Earnings date||17 Oct 2019|
|Forward dividend & yield||4.56 (5.49%)|
|1y target est||96.22|
India's health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed, potentially jeopardizing the expansion plans of big firms like Juul Labs and Philip Morris International . The ministry has proposed that the government issue an executive order banning the devices in the public interest, saying it was needed to ensure e-cigarettes don't become an "epidemic" among children and young adults. Health officials are proposing jail terms of up to three years, with a penalty of up to 500,000 rupees (£5,770), for repeat offenders against the new rules, according to a draft of the executive order.
Altria (MO) stock has lagged the broader market in 2019. On August 17, the CDC noted that it is investigating lung diseases linked to e-cigarette use.
Philip Morris International Inc. (PMI) (PM) today released a white paper titled “Unsmoke: Clearing the Way for Change” based on findings from a major international study conducted for the company by independent research firm Povaddo. There is no question that, while the best choice is to quit cigarettes and nicotine altogether, the reality is that many people don’t. The survey—conducted in 13 countries among adults aged 21 to 74—forms the basis of the paper’s exploration around two core themes: the impact of smoking on personal relationships and the lack of information available about smoke-free products.
Coke is a highly respected company with a slew of well-known brands, and has paid a solid dividend for decades -- but here are three stocks with a higher yield.
This year, Altria (MO) expects its adjusted EPS to grow 4%–7% year-over-year to $4.15–$4.27. It's investing in product expansion and loyalty programs.
Switzerland scrapped a 1.8 million Swiss franc ($1.8 million) sponsorship deal with Philip Morris International for the country's pavilion at Expo 2020 in Dubai after being widely criticised for taking tobacco money to promote its image abroad. Foreign Minister Ignazio Cassis made the decision so as "not to undermine the primary objective of the Swiss presence in Dubai, which is to convey a positive image of Switzerland", the foreign ministry said in a statement on Tuesday. The World Health Organization (WHO) had criticised the deal for violating agreements it had struck over Expo sponsorships.
The following is a statement from Philip Morris International. On July 26, the World Health Organization released a report on global tobacco use which urges governments to step up efforts to help smokers quit. There is no question that the best choice is never to start using cigarettes or nicotine-containing products or if someone has, they should quit altogether.
The South African unit of cigarette maker Philip Morris International Inc opened its first flagship store in Johannesburg on Thursday, as it tries to grow demand in Africa for its alternative heated tobacco product IQOS. The store in Sandton gives Philip Morris access to tourists and business people from Africa who frequent Africa's richest square mile, allowing it to use its retail footprint as a springboard to expand in the rest of the continent. "If you look at Sandton, it's the business hub of South Africa and Africa as well so it's the one place where we need to start with our permanent flagship store," Philip Morris South Africa Managing Director Marcelo Nico told Reuters at the sidelines of the launch.
Altria Group (MO) stock is up just 1.5% so far in 2019 to lag behind the tobacco market's nearly 16% climb. Let's see if we should expect this underperformance to continue following the release of Altria's earnings report before the market opens on Tuesday, July 30, or might MO shares get a boost.
Altria Group (MO) is set to report its second-quarter earnings before the market opens on July 30. In the quarter, analysts expect the company’s revenue and EPS to rise.
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 to help fund Switzerland's Expo 2020 pavilion in Dubai. The World Health Organization (WHO) is scrutinising the pact, while the Swiss School of Public Health, a group of eight universities offering health education, told Cassis in a letter made public on Wednesday that taking tobacco money contradicts ethical principles of the health sciences.