The Latest Breaking News from Philip Morris

Philip Morris just raised its dividend payout and EPS guidance. But is it worth taking a drag on the tobacco stock?

Philip Morris International Inc. (NYSE:PM) on Tuesday reported stronger-than-expected third-quarter results, driven by solid sales and resilient demand for its smoke-free products.

Defiance ETFs launched a new leveraged fund on Thursday, designed to be used by investors seeking to increase their exposure to one of the largest tobacco firms in the world. The Defiance Daily Target 2X Long PM ETF (NASDAQ:ZYN) has been designed to provide twice the daily performance of Philip…

Although PM stock has been struggling recently, it’s now flashing a quant signal — making a bull call spread strategy particularly enticing.

Due to Philip Morris’s strong performance relative to the broader market over the past year, Wall Street analysts maintain a strongly optimistic outlook on the stock’s prospects.

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When a product launch is met with widespread complaints or a brand name becomes toxic, companies often turn to rebranding as a way to salvage their investment. This strategy involves changing the name, packaging, or marketing to create distance from a negative reputation. While some rebrands are purely cosmetic, others…

The faces said it all. The temperature was marginally above freezing and a small group of McLaren team members were huddled around the timing desk on the pitwall shortly before lunch.

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.