Edition:
United States

Philip Morris International Inc (PM.N)

PM.N on New York Stock Exchange

115.33USD
18 Aug 2017
Change (% chg)

$-0.60 (-0.52%)
Prev Close
$115.93
Open
$115.75
Day's High
$115.95
Day's Low
$114.67
Volume
1,327,201
Avg. Vol
1,153,842
52-wk High
$123.53
52-wk Low
$86.78

Latest Key Developments (Source: Significant Developments)

Philip Morris International announces notes offering
Wednesday, 16 Aug 2017 10:10am EDT 

Aug 16 (Reuters) - Philip Morris International Inc ::Files for offering of $750 million 2.375% notes due 2022‍​ and $500 million 3.125% notes due 2027 - SEC filing.Notes due 2022 will mature on August 17, 2022 and the notes due 2027 will mature on August 17, 2027.  Full Article

Philip Morris to invest 490 mln euros in Romanian factory
Tuesday, 25 Jul 2017 07:21am EDT 

July 25 (Reuters) - Philip Morris International Inc :* Says plans to invest 490 million euros ($571.19 million) to convert its cigarette factory in the Romanian city of Otopeni, near capital Bucharest into a smoke-free facility that produces HEETS, tobacco units used with electronic cigarettes. nFWN1KG0AD.* Says factory conversion to be fully operational by 2020..* Says to hire 300 people, adding to current staff of roughly 600..  Full Article

Philip Morris International qtrly ‍adjusted diluted EPS $1.14​
Thursday, 20 Jul 2017 06:59am EDT 

July 20 (Reuters) - Philip Morris International Inc ::Philip Morris International Inc qtrly ‍reported diluted earnings per share of $1.14​.Philip Morris International Inc qtrly reported net revenues of $19.3 billion, up by 1.5%.Philip Morris International Inc qtrly ‍adjusted diluted earnings per share of $1.14​.Philip Morris International Inc qtrly net revenues, excluding excise taxes, of $6.9 billion, up by 4.0%.Philip Morris International Inc qtrly ‍cigarette shipment volume of 193.5 billion units, down by 7.5%​.Philip Morris International Inc qtrly ‍total cigarette and heated tobacco unit shipment volume of 199.9 billion, down by 5.0%​.Philip Morris International Inc - ‍PMI revises, for currency only, its 2017 full-year reported diluted earnings per share to a range of $4.78 to $4.93​.Philip Morris International - 2017 forecast anticipates net revenue growth, excluding excise taxes, of over 7%, excluding currency and acquisitions.Q2 earnings per share view $1.23, revenue view $7.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Philip Morris to build smoke-free product facility in Germany
Monday, 19 Jun 2017 08:30am EDT 

June 19 (Reuters) - Philip Morris International Inc ::Philip Morris International Inc - plans to invest approximately USD 320 million in a new high-tech facility in Dresden, Germany, to produce Heets.Philip Morris International Inc - construction of 80,000 m2 facility is scheduled to begin in late 2017.Philip Morris International Inc - once fully operational in early 2019, factory is expected to employ about 500 people.Philip Morris - new high-tech facility in Dresden, Germany, to produce Heets, tobacco units to be used with electronic tobacco heating device Iqos.  Full Article

Altria "pleased" U.S. FDA filed Philip Morris' MRTP application for electronically-heated tobacco product
Thursday, 25 May 2017 12:33pm EDT 

May 25 (Reuters) - Altria Group Inc ::Altria's statement on FDA'S filing of Philip Morris International's modified risk tobacco product application.Altria group inc - "is pleased" U.S. FDA has filed Philip Morris International's MRTP application for its electronically-heated tobacco product.  Full Article

Philip Morris says FDA begins review of MRTP application for EHTP
Thursday, 25 May 2017 09:51am EDT 

May 25 (Reuters) - Philip Morris International Inc ::US Food And Drug Administration (FDA) begins scientific review of Philip Morris International’s modified risk tobacco product application for its electronically heated tobacco product (EHTP).FDA has established a one-year timetable for reviewing MRTP applications.FDA announced it will publish notice in federal register establishing formal docket for public comments on application at later date.  Full Article

Philip Morris International files premarket tobacco product application for EHTP with U.S.FDA
Friday, 31 Mar 2017 11:13am EDT 

Philip Morris International Inc : Philip Morris International (PMI) files premarket tobacco product application for its Electronically Heated Tobacco Product (EHTP) with the U.S. Food and Drug Administration (FDA) . PMI'S PMTA seeks authorization to commercialize EHTP in United States .Should FDA grant requested marketing order for Ehtp, Altria Group would be responsible for commercializing and marketing product in U.S..  Full Article

Czech Philip Morris proposes higher dividend of 1,000 crowns/share
Tuesday, 28 Mar 2017 01:17am EDT 

Philip Morris Cr As : proposes dividend CZK 1000/share, versus CZK 920/share previous year (Reuters poll CZK 935/share) . 2016 after-tax profit CZK 2.77 billion ($111.43 million), versus CZK 2.57 billion in 2015 Further company coverage: [TABK.PR] ($1 = 24.8580 Czech crowns) ((prague.newsroom@thomsonreuters.com;)).  Full Article

Philip Morris International says CEO André Calantzopoulos' total compensation for 2016 was $18.1 mln
Thursday, 23 Mar 2017 06:22am EDT 

Philip Morris International Inc :CEO André Calantzopoulos' total compensation for 2016 was $18.1 million versus $16.3 million in 2015 - SEC filing.  Full Article

Philip Morris announces EUR300 mln investment in smoke-free product manufacturing facility in Greece
Wednesday, 22 Mar 2017 06:26am EDT 

Philip Morris International Inc : Philip Morris International announces EUR300 million investment in smoke-free product manufacturing facility in Greece . Philip Morris International Inc - plant will have an annual capacity of around 20 billion tobacco sticks. . Philip Morris International Inc - construction on site will commence immediately, with production scheduled to begin in January 2018. . Philip Morris International Inc - 400 new jobs to be created from the investment . Construction on site will commence immediately, with production scheduled to begin in January 2018 .Philip Morris International Inc - smoke-free product Iqos is expected to be available in key cities in over 30 markets in 2017.  Full Article

Photo

India threatens Philip Morris with 'punitive action' over alleged violations

NEW DELHI The Indian government has threatened Philip Morris International Inc with "punitive action" over the tobacco giant's alleged violation of the country's anti-smoking laws, according to a letter sent to the company by the federal health ministry.