Tag Archives: Philip Morris

Altria Fires Up Dividend Hike, Riding Smokeless To $30 Stock Price

On Friday, Altria increased its dividend by 7.9% to $0.41 per common share, making it 45 times in the last 42 years that the company has hiked the dividend. With a set of new product launches in addition to its strong product mix and pricing power, the Altria Group is well positioned to grow in the smokeless tobacco segment.

Marlboro Is Still The Man At Altria

Altria Group recently announced its Q2 earnings that were marked with solid operating margins and retail share performance of the

Philip Morris Cigarette Sales Volume

PMI’s product portfolio boast of eight of the world’s top 15 brands, including Marlboro, the number one cigarette brand worldwide. Until a spin-off in 2008, Philip Morris International was an operating company of the Altria Group. Philip Morris International competes with British American Tobacco, Japan Tobacco and Imperial Tobacco Group plc in its various geographical segments.

Altria 2Q Profit Falls 57% On Charges, Cigarette Volume

NEW YORK -Altria Group Inc.’s (MO) second-quarter earnings fell 57% on a previously disclosed tax-related charge and lower cigarette volume, and the company warned the remainder of the year would remain challenging.

Philip Morris Claims Australia’s Plain Cigarette Package Plan is Illegal

Philip Morris International Inc. (PM), the world’s largest publicly traded tobacco company, said an Australian proposal requiring cigarettes to be sold in plain packages violates a treaty with Hong Kong and may cause billions of dollars in damages.

Philip Morris International Buys Nicotine Aerosol Technology

NEW YORK -Philip Morris International Inc. (PM) bought the global rights to technology that creates nicotine in the form of an aerosol as the company seeks smokeless and potentially less harmful alternatives to traditional cigarettes.

Philip Morris International: Alternative Annual Report

Every year, one of the world’s best-known corporations provides its shareholders a glowing image of a company that is handsomely rewarding its shareholders by expanding into new markets, developing new products, and overcoming market and regulatory challenges.
The truth is that this corporation makes its billions of dollars in profits at the expense of people’s health and their lives. This report reveals the dark truth behind how Philip Morris International earns its profits.

Philip Morris International Overhauls Labor Protections in Kazakhstan

Philip Morris International’s public commitment on May 9, 2011 to protect the rights of tobacco workers in its global supply chain is an Kazakhstan_Tobaccoimportant first step, Human Rights Watch said today. Rigorous independent monitoring will be crucial to realizing full protections for workers, Human Rights Watch said.

Reynolds, Philip Morris Lose Smoking Case

ACKSONVILLE, Florida – Morgan & Morgan’s Keith Mitnick won big last night when a Jacksonville jury deliberated into the evening before awarding $6 million in compensatory damages, and determining that punitive damages were warranted as well against Reynolds American’s R.J. Reynolds Tobacco unit and Philip Morris.