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Stock Market & Financial Investment News

News Breaks
July 17, 2014
07:00 EDTPMPhilip Morris reports Q2 adjusted EPS $1.41, consensus $1.24
Reports Q2 revenue ex-excise taxes $7.8B, consensus $7.52B. Reports Cigarette shipment volume of 222.8B units, down by 2.7%.
News For PM From The Last 14 Days
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December 19, 2014
07:25 EDTPMPhilip Morris weakness overdone, says Wells Fargo
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December 10, 2014
09:53 EDTPMPhilip Morris says Chairman Louis Camilleri to retire on December 31
The company announces that Louis C. Camilleri, Chairman of the Board, will retire from employment with the company on December 31, 2014. Thereafter, Mr. Camilleri will serve as a non-employee Chairman of the Board. In this capacity, Camilleri will continue unchanged his role of facilitating communication between the Board of Directors and management, assisting the CEO in matters of long-term business strategy, and presiding at Shareholder and Board meetings. Thus, Camilleriís retirement will not affect his leadership role as Chairman of the Board, and it will preserve his earned pension benefits at present levels which would otherwise be reduced under the companyís pension formula.
December 8, 2014
10:00 EDTPMOn The Fly: Analyst Downgrade Summary
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08:10 EDTPMPhilip Morris downgraded to Reduce from Neutral at Nomura
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