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Philip Morris International Inc (PM)

PM on New York Consolidated

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23 Jun 2017
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Latest Key Developments (Source: Significant Developments)

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

Philip Morris International declares quarterly dividend of $1.04/shr
Thursday, 9 Mar 2017 08:52am EST 

Philip Morris International Inc :Philip Morris International (PMI) declares regular quarterly dividend of $1.04 per share.  Full Article

Philip Morris expects FY 2017 earnings per share $4.80 to $4.95
Wednesday, 22 Feb 2017 03:06pm EST 

Philip Morris International Inc : Philip morris international Inc Presents at the consumer analyst group of new york conference; increases 2017 full-year reported diluted eps guidance for currency only . Sees FY 2017 earnings per share $4.80 to $4.95 . Philip morris international inc says its 2017 full-year reported diluted earnings per share guidance to a range of $4.80 to $4.95 . FY2017 earnings per share view $4.80 -- Thomson Reuters I/B/E/S .2017 forecast reflects net revenue, excluding excise taxes, growth in excess of co's current currency-neutral annual growth target range of 4% to 6%.  Full Article

Philip Morris International qtrly adjusted earnings per share of $1.10
Thursday, 2 Feb 2017 06:59am EST 

Philip Morris International Inc : Philip morris international inc. (pmi) reports 2016 results; provides 2017 earnings per share forecast . Q4 revenue $19.2 billion . Q4 revenue view $6.67 billion -- Thomson Reuters I/B/E/S . Sees fy 2017 earnings per share $4.70 to $4.85 . Philip morris international inc qtrly cigarette shipment volume of 200.6 billion units, down by 4.4% . Philip morris international inc - qtrly reported diluted earnings per share of $1.10 . Q4 earnings per share view $1.12, revenue view $6.67 billion -- Thomson Reuters I/B/E/S . Qtrly adjusted diluted earnings per share of $1.10 . Philip morris international inc sees unfavorable currency impact, at prevailing exchange rates, of approximately $0.18 for full-year 2017 . Philip morris sees 2017 net revenue growth, excluding excise taxes, in excess of current annual growth target range of 4-6%, ex-currency, acquisitions .Fy2017 earnings per share view $4.72, revenue view $26.96 billion -- Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-Philip Morris to build smoke-free product facility in Germany

* Philip Morris International Inc - plans to invest approximately USD 320 million in a new high-tech facility in Dresden, Germany, to produce Heets