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Philip Morris International Inc

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  • LAHAINA, Hawaii, July 28- Australia is pleased with discussions with Pacific Rim trading partners on resolving disputes with foreign investors but will not agree to a regional trade pact unless it wins more access to the U.S. sugar market, Australian Trade Minister Andrew Robb said on Tuesday. In an interview with Reuters on the sidelines of talks aimed at...

  • The United States, New Zealand and Australia are pushing hard for Canada to open up its protected dairy market and allow more imports, complaining that the country has not given its trade partners a sign it is ready to talk and even mulling a TPP without Canada. Sugar refiner Imperial Sugar Co, part of Louis Dreyfus Commodities, says Australia should be allowed to...

  • Imperial Tobacco Canada, a subsidiary of British American Tobacco Plc, JTI-Macdonald Corp, part of Japan Tobacco Inc, and Rothmans, Benson& Hedges Inc- a subsidiary of Philip Morris International- had originally been ordered by a lower court judge to deposit the amount in trust with their attorneys.

  • Citigroup and Netflix are big market movers Thursday, 16 Jul 2015 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Philip Morris International Inc., up $2.62 to $85.29. The Sherwin-Williams Co., down $20.93 to $261.23.

  • Philip Morris expands e-cigarette deal with Altria Thursday, 16 Jul 2015 | 12:47 PM ET

    LONDON, July 16- Philip Morris International and its American counterpart Altria Group announced on Thursday an expansion of their agreement on e-cigarettes to include research and development, as the market for tobacco alternatives continues to evolve. The companies, which split from each other in 2008, said in 2013 that Philip Morris would have the...

  • RICHMOND, Va.— Altria and Philip Morris International are expanding their research partnership to develop e-cigarette products. Altria Group Inc. would bring the products to market in the U.S., while Philip Morris would handle markets outside the U.S., where it sells traditional tobacco products. Philip Morris International Inc., a seller of Marlboro and other...

  • Philip Morris 2Q results beat analysts' expectations Thursday, 16 Jul 2015 | 7:09 AM ET

    NEW YORK— Philip Morris International Inc.' s second-quarter profit rose as market share improved and some costs declined. Philip Morris had no such costs in the current quarter. Revenue, excluding excise taxes, declined to $6.86 billion from $7.8 billion as Philip Morris continued to deal with unfavorable currency translation.

  • NEW YORK— A new financial lifeline for Greece and strong corporate earnings on Thursday helped push U.S. stocks higher. Stocks rose from the start, following a jump in major European indexes, as strong second-quarter results from Netflix, eBay, Citigroup and other companies fed the buying. "Some of the red flags in the market have come down, and now the market can look...

  • REUTERS BUSINESS NEW SCHEDULE AT 1500 GMT/11 AM ET Monday, 6 Jul 2015 | 11:06 AM ET

    NEW YORK- Aetna Inc Chief Executive Officer Mark Bertolini says he is confident that an antitrust review of its proposed purchase of Humana Inc will allow the deal to close in the second half of 2016, seeking to allay investor concerns of significant regulatory hurdles. ATHENS/ FRANKFURT- Greece's outspoken finance minister resigns, removing a major obstacle...

  • June 30- The U.S. Food and Drug Administration said it is seeking additional data and comments on liquid nicotine as it considers warning the public about the dangers of its exposure amid a rise in electronic cigarette use. More Americans are using e-cigarettes and other vaporizing devices than a year ago, a Reuters/ Ipsos poll showed in June.

  • Philip Morris International Inc has hired more than 400 scientists and technical staff at its research facility in Neuchatel, Switzerland, including toxicologists, chemists, biologists, biostatisticians and regulatory affairs experts. Altria Group Inc, makers of Marlboro, has recruited dozens of scientific and healthcare experts, as have independent...

  • OTTAWA, June 1- Three tobacco companies said on Monday they would appeal a Canadian court ruling that awarded more than C $15 billion in damages to Quebec smokers in two related class action cases. Imperial Tobacco Canada, a subsidiary of British American Tobacco PLC, JTI-Macdonald Corp, part of Japan Tobacco Inc Group and Rothmans, Benson& Hedges Inc- a subsidiary...

  • OTTAWA, June 1- Three tobacco companies said on Monday they would appeal a Canadian court ruling that awarded more than C $15 billion in damages to Quebec smokers in two related class action cases. The damages would compensate about 100,000 Quebec smokers and ex-smokers who alleged that the companies knew they were selling a harmful product that was causing...

  • The award was first made in 2003 for a class of 1.4 million Illinois smokers, but it was struck down by the Illinois Supreme Court in 2005. A lower Illinois court revived the verdict last year. Former Illinois governor Jim Thompson, arguing for Philip Morris, a unit of Altria Group Inc, said the Supreme Court's 2005 ruling should stand. Richmond, Virginia- based...

  • Early movers: AOL, WHR, PM, CBS, NOK & more Friday, 8 May 2015 | 7:47 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • Tobacco CEO: If you start smoking, try this Thursday, 7 May 2015 | 12:03 PM ET
    Andre Calantzopoulos, CEO of Philip Morris.

    Philip Morris International wants smokers to move to "reduced risk" products, CEO Andre Calantzopoulos tells CNBC.

  • World Bank's pension investments clash with values Monday, 4 May 2015 | 10:26 AM ET
    Dr. Jim Kim, president of the World Bank.

    World Bank invests part of its $18.8 bn staff pension fund in companies in industries, holdings that clash with the institution's own calls.

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • Lightning Round: Cut your losses on this Tuesday, 28 Apr 2015 | 8:02 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.