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Philip Morris International Inc

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  • WASHINGTON, Oct 22- U.S. business and agriculture groups have urged Pacific trading partners not to exclude tobacco from investment protection rules in a new free trade deal under negotiation, warning it would set a bad precedent. The U.S. Chamber of Commerce, American Farm Bureau Federation, National Association of Manufacturers, American Meat Institute and...

  • WASHINGTON, Oct 21- The United States has floated excluding tobacco products from a key section of a 12- nation Pacific trade deal and signaled it may present a formal proposal to trading partners at talks in Australia, sources briefed on the negotiations said. Marlboro maker Philip Morris International is challenging Australia's plain packaging laws, which...

  • New efforts to ban tobacco farm child labor Tuesday, 21 Oct 2014 | 12:45 PM ET

    "I think that many members of Congress have been shocked that children are suffering nicotine poisoning from working in U.S. tobacco fields," said Jo Becker, Human Rights Watch's children's rights advocacy director. Philip Morris International, which limits the type of work children can do on tobacco farms, says it would like to see stronger U.S. regulations in...

  • Lorillard CEO to get $44M after Reynolds merger Monday, 20 Oct 2014 | 12:21 PM ET

    RICHMOND, Va.— The CEO of Newport cigarette maker Lorillard Inc. is set to receive more than $44 million following the planned $25 billion merger with Reynolds American Inc., regulatory filings show. Murray Kessler is one of several Lorillard executives to receive compensation if they're terminated after the deal closes, according to a filing with the...

  • Data analytics company Workiva files for IPO Friday, 17 Oct 2014 | 6:11 PM ET

    Morgan Stanley and Credit Suisse are among the major underwriters for the offering, the company said in a regulatory filing on Friday. The company had more than 2,100 enterprise customers as of Sept. 30, including JPMorgan Chase& Co, Philip Morris International, Boeing Co and Wal-Mart Stores Inc. The Ames, Iowa- based company's net loss widened to $28.4 million in...

  • Philip Morris Int'l 3Q profit falls 8 percent Thursday, 16 Oct 2014 | 7:15 AM ET

    RICHMOND, Va.— Philip Morris International's third-quarter profit dropped 8 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar. The seller of Marlboro and other cigarette brands outside the United States said Thursday that it earned $2.15 billion, or $1.38 per share, in the quarter,...

  • After an early slide, US stocks end mostly higher Thursday, 16 Oct 2014 | 4:04 AM ET

    Then there are the many geopolitical uncertainties, from conflicts in Syria and Iraq and uncertainty over the impact of the outbreak of the Ebola virus. "The sailing has been much too smooth, so going forward, at the very least, back to normal turbulence," said Erik Davidson, deputy chief investment officer of Wells Fargo Private Bank. "We had some positive economic...

  • Business events scheduled for Thursday Wednesday, 15 Oct 2014 | 1:49 PM ET

    WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. WASHINGTON— National Association of Home Builders releases housing market index for October, 10 a.m..

  • NEW YORK, Oct. 1- Two tiny companies are preparing to challenge some of the world's largest drug makers in the battle for dominance in the $3 billion global market for influenza vaccines, armed with little more than tiny tobacco plants.

  • Sept 24- The Illinois Supreme Court agreed on Wednesday to hear Philip Morris USA's appeal of a $10.1 billion verdict accusing the Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes.

  • Sept 24- The Illinois Supreme Court on Wednesday agreed to hear Philip Morris USA's appeal of a $10.1 billion verdict accusing the Altria Group Inc unit of misleading consumers about the risks of smoking "light" cigarettes.

  • The 2008 lawsuit against Philip Morris, an Altria Group Inc company, concerns cigarette sales to the Navy Exchange Service Command and the Army and Air Force Exchange Service, both of which operate facilities that sell products to military personnel and their families.

  • NEW YORK, Aug 6- Drugmakers' use of the tobacco plant as a fast and cheap way to produce novel biotechnology treatments is gaining global attention because of its role in an experimental Ebola therapy.

  • BRUSSELS, July 18- The European Commission's call for views on a contentious part of a planned EU-U.S. free trade deal has drawn almost 150,000 responses that will take months to process, a senior EU official said on Friday.

  • The real winner in the Lorillard takeover: BAT Tuesday, 15 Jul 2014 | 2:42 PM ET

    Reynolds American's purchase of Lorillard has plenty of benefits for the rival U.S. firms, but the real winner is British American Tobacco.

  • Will earnings tell the story markets need to hear? Sunday, 13 Jul 2014 | 6:21 PM ET
    Traders work the floor of the New York Stock Exchange before the closing bell in New York.

    Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.

  • *Reynolds, Lorillard marriage seen making $500 mln savings. LONDON, July 11- U.S. cigarette maker Reynolds American Inc is in talks to acquire rival Lorillard Inc in a multi-billion dollar deal that would reshape one of the world's biggest and most profitable tobacco markets, the companies said on Friday.

  • Lightning Round: Mastercard, Linn Energy & more Wednesday, 2 Jul 2014 | 6:48 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Philip Morris seeks review of EU tobacco law Friday, 27 Jun 2014 | 7:58 AM ET

    LONDON, June 27- Marlboro cigarette maker Philip Morris International is seeking to challenge Europe's new laws on tobacco products, the latest clash between Big Tobacco and governments seeking tighter regulation.

  • Midday movers: Alcoa, Barclays, GoPro & More Thursday, 26 Jun 2014 | 12:31 PM ET

    Some of Thursday's midday movers: