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Philip Morris International Inc

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  • Marlboro maker Altria's 2Q profit stays flat Tuesday, 22 Jul 2014 | 7:48 AM ET

    RICHMOND, Va.— Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.

  • RJ Reynolds vows to fight $23.6B in damages Sunday, 20 Jul 2014 | 3:02 AM ET

    MIAMI— The nation's No. 2 cigarette maker is vowing to fight a jury verdict of $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung cancer. R.J. Reynolds Tobacco Co. executive J. Jeffery Raborn has called the damages awarded by a Pensacola jury "grossly excessive and impermissible under state and constitutional law."

  • Fla. jury slams RJ Reynolds with $23.6B in damages Saturday, 19 Jul 2014 | 3:48 PM ET

    MIAMI— A Florida jury has slammed the nation's No. 2 cigarette maker, R.J. Reynolds Tobacco Co., with $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung cancer in 1996.. The case is one of thousands filed in Florida after the state Supreme Court in 2006 tossed out a $145 billion class action verdict.

  • 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.

  • Philip Morris Int'l 2Q profit falls 13 percent Thursday, 17 Jul 2014 | 7:43 AM ET

    NEW YORK— Philip Morris International's second-quarter profit declined 13 percent, stung by foreign exchange rates for the U.S. dollar. The seller of Marlboro cigarettes and other brands outside the U.S. earned $1.85 billion, or $1.17 per share, for the period ended June 30. Shares of Philip Morris International rose 78 cents to $85.48 in morning trading.

  • Business events scheduled for Thursday Wednesday, 16 Jul 2014 | 1:58 PM ET

    WASHINGTON— Commerce Department releases housing starts for June, 8:30 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..

  • US stocks mostly down as investors digest earnings Tuesday, 15 Jul 2014 | 9:26 AM ET

    Fed Chair Janet Yellen, speaking before Congress, said the U.S. economy has yet to recover fully, but raised the possibility the central bank could raise its key short-term interest rate sooner than currently projected.

  • Tobacco firm Reynolds American to buy Lorillard Tuesday, 15 Jul 2014 | 7:28 AM ET

    Camel cigarette maker Reynolds American Inc.' s $25 billion deal to buy Newport maker Lorillard Inc. creates a formidable No. 2 tobacco company in the U.S. behind Marlboro maker Altria.

  • *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.

  • 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:

  • Early movers: GPRO, GM, BCS, AA, CZR, MNST & more Thursday, 26 Jun 2014 | 7:58 AM ET

    Some of the names on the move ahead of the open.

  • Marlboro maker suffers 'complex, atypical' year Thursday, 26 Jun 2014 | 6:45 AM ET
    Marlboro cigarettes, a product of Philip Morris International

    Philip Morris cut its 2014 earnings forecast saying it is proving to be a "complex and truly atypical" year for the company.

  • June 26- Cigarette maker Philip Morris International Inc cut its earnings forecast for 2014 and said it is proving to be a "complex and truly atypical" year for the company.

  • June 26- Cigarette and tobacco company Philip Morris International Inc cut its 2014 earnings forecast saying it is proving to be a "complex and truly atypical" year for the company. The Marlboro cigarettes maker now expects to earn $4.87- $4.97 per share, lower than the $5.09- $5.19 per share it expected earlier.

  • MOSCOW, June 24- U.S. healthcare firm Abbott Laboratories is to buy Russian drugmaker Veropharm for up to $495 million, giving it a manufacturing presence in a country where it has been operating for nearly 40 years, Abbott said on Tuesday.

  • Industry trade groups, as well as cigarette makers, including Philip Morris parent Altria Group Inc, Reynolds American Inc and Lorillard Inc, complained that the limits violated their free speech rights and were pre-empted by other federal and state laws.

  • Cigarette makers lose challenge to new NYC pricing law Wednesday, 18 Jun 2014 | 3:58 PM ET

    Industry trade groups, as well as cigarette makers, including Philip Morris parent Altria Group Inc, Reynolds American Inc and Lorillard Inc, complained that the limits violated their free speech rights and were pre-empted by other federal and state laws. A lawyer for most of the plaintiffs referred a reporter to Altria, which did not have an immediate comment.

  • BAYREUTH, Germany, June 18- It takes a British American Tobacco factory machine three minutes to load 4 million cigarettes onto a truck in northern Bavaria- but it can take a lot longer to figure out whether those cigarettes end up where they should.

  • LONDON, June 11- Japan Tobacco Inc has agreed to buy the maker of E-Lites, a leading brand of e-cigarettes in Britain, giving it entry into the fast-growing market for tobacco alternatives. Japan Tobacco said on Wednesday that it had agreed to buy all outstanding shares of E-Lites' parent company Zandera, founded in 2009..