Philip Morris International's earnings rose 23 percent in the second quarter, and the cigarette maker said Wednesday its growth has not been hurt by the inflationary pressures affecting many other consumer products companies.

Executives from cigarette maker Lorillard will keep a close eye on Capitol Hill next week as lawmakers consider measures that could threaten sales of its lucrative menthol-flavored brand, Newport.

Philip Morris International Inc <PM.N> posted better-than-expected quarterly profit on Wednesday as the maker of the top-selling Marlboro brand shipped more cigarettes and was also helped by the weak dollar.

Marlboro cigarette maker Philip Morris International Inc <PM.N> on Wednesday posted higher quarterly profit, helped by the weak dollar and an increase in the number of cigarettes shipped.

CHICAGO (Reuters) - Marlboro cigarette maker Philip Morris International Inc <PM.N> on Wednesday posted higher quarterly profit, helped by the weak dollar and an increase in the number of cigarettes shipped.

Cigarette maker Philip Morris International Inc. will report its second-quarter results Wednesday. The following is a summary of key developments and analyst commentary for the period.

Virginia Commonwealth University faculty members and students told a task force that accepting research money from tobacco giant Philip Morris USA Inc. is unethical and risks scientific integrity.

Tobacco companies deliberately changed the menthol levels in cigarettes depending upon whom they were marketing them to — lower levels for young smokers who preferred the milder brands and higher levels to "lock in lifelong adult smokers," researchers at the Harvard School of Public Health concluded.

The U.S. Supreme Court said Monday that it would hear a Philip Morris USA appeal seeking to overturn a $79.5 million punitive damages award won by the widow of a longtime Oregon smoker.

U.S. stocks soared more than 200 points Friday, led by financials and tech.  CNBC asked the market experts how investors can best ride this rally.

Shares of Philip Morris International, the world's largest non-state-owned cigarette maker, rose as much as 5 percent Monday morning in their first day of trading after the company was spun off from Altria Group.

At annual meetings across the country shareholders are making the yearly pilgrimage to have their voices heard,  and votes counted,  at the companies they own.  In some cases, those shareholders have a hand in changing the way the firm does business.

The economic news was hardly encouraging. Yet somehow, investors managed to look beyond the headlines and buy stocks.

Down times are signals of opportunity, a chance to capitalize on the irrational panic of headline-sensitive chicken-hearts.