Tag Archives: Philip Morris International

The major historical dates of Philip Morris International

The history of a worldwide company can be dated back to Philip Morris’s 1847 launching of a single shop on London’s Bond Street, marketing tobacco and ready-made cigarettes. On Mr. Morris’s death, the company was taken over by his wife Margaret and his brother Leopold. In 1881 the Company went public, Leopold Morris combining with Joseph Grunebaum to create Philip … Continue reading Continue reading

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Buy Philip Morris for Its 3.8 percent Yield

During the last years Philip Morris International Inc. has carried out very shareholder friendly policies. The cigarette maker has been involved a massive share repurchase program and has been growing its dividend annually since its spin off from Altria in 2008. The tobacco firm has as well improved its revenue gradually while also taking benefits of low interest rates to … Continue reading

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Marlboro Cigarette Development

Manufactured by Philip Morris International and Philip Morris USA, Marlboro cigarette brand is still one of the most famous  and preferred brand all over the world. For a long time, appealing magazine and billboard ads help boost the brand’s popularity. Its biggest producing plant is located in the City of Richmond in Virginia. The name of brand was taken from … Continue reading

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Philip Morris International

Philip Morris International is an approximately $157 billion dollar firm marketing cigarettes in almost 160 countries. The firm does not deal with the sale of cigarettes in the U.S., unlike another tobacco company, Altria. The tobacco company positions nearly 18.5x trailing earnings estimates, and almost 16x forward earnings estimates. The corporation’s income margin is 27 percent, and its operating margin … Continue reading

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Chesterfield Introduces Superkings at Superlow Price

Philip Morris International made an announcement about the enrichment of Chesterfield cigarette brand range. The tobacco company introduced a new style of Chesterfield brand – Superking size Red and Menthol. The launch of new cigarettes will be maintained with an essential trade communications programme this autumn. Superking size Red and Menthol are natural enrichment for the Chesterfield cigarette brand which … Continue reading

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Philip Morris Intl. Stock Can Puff To $98

One of the biggest concerns facing investors regarding the tobacco companies is falling cigarette consumption, and so they hence are skeptical to assign much if any growth to these companies. A closer look at Philip Morris International however points to a robust economic model and sound cash flow generating ability. The stock has climbed more than 12% in 2012 so … Continue reading

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Philip Morris International Inc. (PMI) Holds 2012 Annual Meeting of Stockholders

Philip Morris International Inc. held its 2012 Annual Meeting of Stockholders today. Louis C. Camilleri, Chairman and Chief Executive Officer, highlighted the company’s key achievements in 2011 and reaffirmed the company’s steadfast commitment to deliver superior returns to its shareholders.   “2011 was an outstanding year for PMI. Our cigarette volume grew by 1.7% to 915 billion units. Net revenues … Continue reading

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Philip Morris Names Jacek Olczak CFO, Succeeding Hermann Waldemer

Tobacco firm Philip Morris International  on Monday said its Chief Financial Officer Hermann Waldemer has elected to take early retirement effective July 31. Waldemer will be succeeded by Jacek Olczak, with effect from August 1. Olczak is currently President, European Union Region. He will be succeeded by Drago Azinovic, currently President, Philip Morris Japan. Commenting on Waldemer’s retirement, Louis Camilleri, … Continue reading

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Philip Morris Shares Upgraded by Davenport to “Buy” (PM)

Philip Morris (PM) was upgraded by investment analysts at Davenport from a “neutral” rating to a “buy” rating in a note issued to investors on Monday. PM has been the subject of a number of other recent research reports. Analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Philip Morris in a research note to investors on … Continue reading

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Marlboro or Malimbu? Smuggling burns Egypt cigarette makers

Government efforts to combat the smuggling of cigarettes into Egypt by obliging local cigarette manufacturers to stamp all their products will do little to solve the problem, tobacco company officials say. The new system will oblige companies to stamp their tobacco and alcohol products – whether locally manufactured or imported – with a watermark, which, say officials, will staunch tax … Continue reading

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