Edition:
United States

Philip Morris International Inc (PM.N)

PM.N on New York Stock Exchange

88.18USD
6 Dec 2016
Change (% chg)

$0.41 (+0.47%)
Prev Close
$87.77
Open
$87.73
Day's High
$88.46
Day's Low
$87.73
Volume
1,190,228
Avg. Vol
1,538,811
52-wk High
$104.18
52-wk Low
$84.49

Latest Key Developments (Source: Significant Developments)

Philip Morris International Inc declares regular quarterly dividend
Wednesday, 9 Dec 2015 09:11am EST 

Philip Morris International Inc:Declares regular quarterly dividend of $1.02 per share.  Full Article

Philip Morris International Inc - AB InBev, HSBC, Google, 8 others to testify at EU tax hearing - Reuters
Tuesday, 10 Nov 2015 05:03am EST 

Philip Morris International Inc:Anheuser-Busch InBev, HSBC, Google and eight other companies will be quizzed by EU lawmakers next week on their European tax deals as part of a campaign to ensure multinationals pay their fair share of taxes - RTRS.While the European Parliament's tax committee can only issue a non-binding recommendation at the end of November, the publicity generated by its actions will likely ramp up the pressure on companies seeking to minimise tax, and governments - RTRS.Amazon, already in the Commission's crosshairs over its Luxembourg tax deal, Barclays, Coca-Cola Co, Facebook, Ikea, McDonald's, Philip Morris International and the Walt Disney Co will also attend the hearing, according to the committee's website - RTRS.The committee was set up in February after a group of investigative journalists unveiled details of tax deals that helped hundreds of multinationals slash their tax bills to minimal amounts - RTRS.  Full Article

Philip Morris International Inc - Canada court orders tobacco companies to set aside almost C$1 bln - Reuters
Tuesday, 27 Oct 2015 08:44pm EDT 

Philip Morris International Inc:A Canadian appeal court on Tuesday ordered two major tobacco companies to set aside a combined C$984 million ($742 million) while they challenge billions of dollars in damages awarded to smokers in the province of Quebec - RTRS.The more than C$15 billion in damages awarded in June - RTRS.if upheld in an appeal of two class-action lawsuits, would compensate some 100,000 Quebec smokers and ex-smokers who allege the companies knew since the 1950s that their product was causing cancer and other illnesses and failed to warn consumers adequately - RTRS.Imperial Tobacco Canada Ltd - a subsidiary of British American Tobacco Plc BATS.L - must put aside C$758 million, and Rothmans, Benson & Hedges Inc - a subsidiary of Philip Morris International PM.N - must deposit C$226 million, the Quebec Court of Appeal said - RTRS.The court in July said that the two companies plus a third, Japan Tobacco Inc's JTI-Macdonald Corp, would not have to make preliminary deposits - RTRS.Launched in 1998, the class action was considered to be the largest civil case in Canadian history, marking the first time tobacco companies have gone to trial in a civil suit in the country - RTRS.The companies were ordered to set aside the deposits in six and seven quarterly payments stretching to mid-2017, while a hearing on the appeal is scheduled for the autumn of 2016 - RTRS.  Full Article

Philip Morris International Inc narrows FY 2015 EPS guidance
Thursday, 15 Oct 2015 06:59am EDT 

Philip Morris International Inc:Revises and narrows, for currency and an improved business outlook, its FY 2015 reported diluted earnings per share (EPS) forecast to be in a range of $4.35 to $4.40, at prevailing exchange rates.Say on adjusted basis, diluted EPS are projected to increase in the range of 11 pct. to 12 pct. versus adjusted diluted EPS of $5.02 in FY 2014, excluding an unfavorable currency impact, at prevailing exchange rates, of about $1.22 per share for FY 2015.  Full Article

Philip Morris International Inc increases dividend by 2 pct. to annualized rate of $4.08 per share
Wednesday, 16 Sep 2015 02:00am EDT 

Philip Morris International Inc:Increased its regular quarterly dividend by 2 pct. to annualized rate of $4.08 per share.Says new quarterly dividend of $1.02 per share, up from $1.00 per share, is payable on Oct. 14, to stockholders of record as of Sept. 30.Says ex-dividend date is Sept. 28.  Full Article

Philip Morris International Inc reaffirms FY 2015 reported diluted earnings per share
Thursday, 16 Jul 2015 07:00am EDT 

Philip Morris International Inc:Says that it is reaffirms FY 2015 reported diluted earnings per share to be in a range of $4.32 to $4.42.  Full Article

Philip Morris International declares regular quarterly dividend of $1.00 per share
Thursday, 11 Jun 2015 04:00am EDT 

Philip Morris International Inc:Declares regular quarterly dividend of $1.00 per common share, payable on July 10, to shareholders of record as of June 25.The ex-dividend date is June 23.  Full Article

Philip Morris International Inc raises FY 2015 EPS guidance
Thursday, 16 Apr 2015 06:59am EDT 

Philip Morris International Inc:Increases its FY 2015 reported diluted earnings per share forecast to be in range of $4.32 to $4.42, at prevailing exchange rates, versus $4.76 in FY 2014.FY 2015 EPS of $4.19 - Thomson Reuters I/B/E/S.  Full Article

Philip Morris International Inc declares regular quarterly dividend
Wednesday, 11 Mar 2015 05:10am EDT 

Philip Morris International Inc:Declares a regular quarterly dividend of $1.00 per common share.Payable on April 10, to shareholders of record as of March 26.  Full Article

Philip Morris International Inc gives FY 2015 EPS guidance below analysts' estimates
Thursday, 5 Feb 2015 10:15am EST 

Philip Morris International Inc:Forecasts FY 2015 diluted earnings per share to be in a range of $4.27 to $4.37, at prevailing exchange rates, versus $4.76 in 2014.FY 2015 EPS of $4.68 - Thomson Reuters I/B/E/S.  Full Article

Photo

Philip Morris seeks U.S. approval to market alternative cigarette

Philip Morris International Inc filed a much-awaited U.S. application to market a new type of cigarette that heats rather than burns tobacco and may carry fewer health risks.