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Stock Market & Financial Investment News

News Breaks
April 4, 2014
06:57 EDTPMPhilip Morris shutting down production in Netherlands, WSJ reports
Phillip Morris will shut down its manufacturing in Bergen op Zoom, its largest production facility worldwide, the Wall Street Journal reports. The closure will result in 1,230 job losses, nearly 90% of its workforce there. Production will move to other factories in Europe. Reference Link
News For PM From The Last 14 Days
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May 22, 2015
11:59 EDTPMAppeals court ruling mixed for cigarette makers, WSJ reports
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06:06 EDTPMPhilip Morris files suit against standardized packaging regulations in UK
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May 12, 2015
13:23 EDTPMPhilip Morris initiated with a Neutral at JPMorgan
JPMorgan earlier today started shares of Philip Morris with a Neutral rating and $90 price target. The firm expects the strong U.S. dollar to continue pressuring the company's earning and limit cash returns.
08:05 EDTPMGoldman Sachs to hold a forum
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