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Philip Morris International Inc - PM STOCK NEWS

Welcome to our dedicated news page for Philip Morris International (Ticker: PM), a resource for investors and traders seeking the latest updates and insights on Philip Morris International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Philip Morris International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Philip Morris International's position in the market.

News
Philip Morris International Reports 2023 Fourth-Quarter and Full-Year Results; Delivers 2023 Full-Year Reported Diluted EPS of $5.02 and Adjusted Diluted EPS of $6.01, Representing Currency-Neutral Growth of 11.0%; Provides 2024 EPS Forecast
Rhea-AI Summary
Philip Morris International Inc. (PMI) reports 2023 fourth-quarter and full-year results, noting growth in shipment volume and net revenue. The company's CEO is optimistic about the future, expecting strong performance and organic growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
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News
Philip Morris International Received Fourth Consecutive CDP ‘Triple-A’ Rating for Climate, Forest, and Water
Rhea-AI Summary
Philip Morris International Inc. (PMI) has received a 'triple-A' rating from CDP for its disclosures on climate change, forests, and water security, positioning the company among the world’s leading companies in environmental transparency and action. PMI has also been recognized for its efforts to halt deforestation and achieve carbon neutrality by 2025. Additionally, the company has committed to advancing the adoption of the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations and intends to publish its first TNFD-aligned report for financial year 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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News
PMI and BAT Announce Global Patent Settlement
Rhea-AI Summary
Philip Morris International Inc (PMI) has reached a global settlement with British American Tobacco p.l.c. (BAT) that resolves ongoing patent infringement litigation related to heated tobacco and vapor products. The settlement includes non-monetary provisions, prevents future claims, and allows both parties to innovate. PMI emphasizes its commitment to continued innovation in reduced-risk products to advance Tobacco Harm Reduction and end the sale of cigarettes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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none
News
Philip Morris International to Host Webcast of 2023 Fourth-Quarter and Full-Year Results
Rhea-AI Summary
Philip Morris International Inc. (PMI) will host a live audio webcast to discuss its 2023 Fourth-Quarter and Full-Year financial results, including discussion of PMI’s financial results and a Q&A session with the investment community and news media. PMI is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term. Since 2008, PMI has invested more than USD 10.5 billion to develop smoke-free products, and as of September 30, 2023, PMI's smoke-free products accounted for approximately 36.2% of its total third-quarter net revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
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conferences
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Philip Morris International Discusses Its Marketing Practices
Rhea-AI Summary
Philip Morris International's Global Chief Communications Officer, Moira Gilchrist, provided clarification on the company's marketing practices and facts related to ZYN nicotine pouches. The press release aims to address any potential misconceptions and provide transparency on the matter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
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A New Power Rises: White Paper from Philip Morris International Examines Societal Impact of the Fifth Estate
Rhea-AI Summary
Philip Morris International Inc. (PMI) released a white paper and survey examining the influence of the Fifth Estate on public discourse. The Fifth Estate, including independent commentators, social media users, and online communities, poses challenges and opportunities for established institutions. The survey shows that two-thirds of people get news and information from nonmainstream sources, impacting their daily lives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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News
Philip Morris International Announces Senior Global Communications Leadership Changes
Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) announced senior management changes to accelerate its transition to a smoke-free company. Moira Gilchrist will be promoted to Chief Communications Officer, and Marian Salzman will become SVP & Chief Corporate Citizenship Officer effective January 1, 2024. Moira has been with PMI since 2006 and will report to CEO Jacek Olczak. Marian will focus on developing PMI's business in the U.S. market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
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management
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Philip Morris International Included in Dow Jones Sustainability World Index
Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) has been included in the Dow Jones Sustainability™ World Index for the first time, and for the fourth consecutive year in the Dow Jones Sustainability™ North America Composite Index. The company’s ISS ESG corporate rating was also upgraded to ‘prime’ status. PMI scored 85 out of 100 in the 2023 S&P Global Corporate Sustainability Assessment, reflecting a significant increase of 21 points since 2018. PMI is the only company in the tobacco industry to receive Prime status qualification. The company's approach to sustainability is deeply embedded in its corporate strategy and is a true opportunity for innovation, growth, and purpose-led, impact-driven, long-term value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
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Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.30 Per Share
Rhea-AI Summary
Philip Morris International Inc. (NYSE: PM) declares a regular quarterly dividend of $1.30 per common share, payable on January 10, 2024, to shareholders of record as of December 21, 2023. The ex-dividend date is December 20, 2023. PMI is a leading international tobacco company working towards a smoke-free future, investing over USD 10.5 billion in developing smoke-free products. PMI acquired Swedish Match, a leader in oral nicotine delivery, and aims to expand into wellness and healthcare areas through its Vectura Fertin Pharma business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
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dividends
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Philip Morris International Inc. Presents at 2023 Morgan Stanley Global Consumer & Retail Conference
Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) CFO, Emmanuel Babeau, will address investors at the Morgan Stanley Global Consumer & Retail Conference in New York City. PMI reaffirms its 2023 full-year reported diluted EPS forecast of $4.95 to $4.98, representing a projected currency-neutral increase of 10.0% to 10.5% versus adjusted diluted EPS of $5.98 in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
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Stock PM logo
Philip Morris International Inc

NYSE:PM

PM Rankings

#70 Ranked by Market Cap
#2295 Ranked by Stock Gains
#566 Ranked by Dividends

PM Stock Data

138.12B
1.55B
0.16%
79.52%
0.47%
Tobacco Manufacturing
Manufacturing
Link
US
New York

About PM

Philip Morris International Inc. is an American multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris International is often referred to as one of the companies comprising Big Tobacco.