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Vuse Is in the News—Who Owns the First FDA-Authorized Vape Company?
Philip Morris’s Low 2014 Volumes in Latin America and Canada Segments
In 2014, Philip Morris’s Latin America and Canada segment reported a 2.3% decline in net revenues. The region had the company’s lowest revenues, at 11%.
Philip Morris Let Down Investors with 1Q16 Earnings
Philip Morris International (PM) released its 1Q16 earnings on April 19, 2016. The company’s adjusted diluted EPS fell 15.5% to $0.98 compared to $1.15 in 1Q15.
What Are Analysts Recommending for Altria?
The FDA’s (Food and Drug Administration) recent announcement could have compelled analysts to lower their 12-month target price for Altria Group (MO).
Italy’s Inflation Rate Rose in August: EWI Fell 0.40%
According to the August 31 release by the ISTAT, the EU’s harmonized inflation rate in Italy rose to an impressive 0.50% in August on a YoY (year-over-year) basis.
No Sign of Improvement in Philip Morris’s 1Q16 Operational Margin
Gross margin and free cash flow Philip Morris’s (PM) gross margin decreased 0.7 points to 65.5% in 1Q16, compared to 66.3% in 1Q15. Despite the adverse currency impact, Philip Morris is focused on generating strong free cash flow in line with last year’s level. The company’s free cash flow (or FCF) increased by more than […]
Why Altria’s Stock Fell despite Beating 2Q17 Revenue Estimates
Altria Group (MO) announced its 2Q17 earnings on July 27, 2017. The company has posted EPS (earnings per share) of $1.03 on revenues, net of excise taxes, of $5.07 billion.
Altria’s Wine Segment Delivered Robust 1Q16 Results
Altria Group’s (MO) wine segment’s 1Q16 net revenue rose 8.2% to $0.15 billion compared to $0.13 billion in 1Q15.
Why Philip Morris’s 1Q16 Market Share Declined in Asia
Net revenue for Philip Morris’s (PM) Asia region decreased 8.7% to ~$2 billion in 1Q16. This compares to $2.2 billion in 1Q15.
Altria Rises After Goldman Sachs Calls It a ‘Buy’
On Friday, Goldman Sachs upgraded Altria Group (MO) from a “neutral” to a “buy” while keeping its price target unchanged at $59.
Why Tobacco Stocks Fell on May 28
On May 28, Altria Group (MO) fell 4.8%, while British American Tobacco (BTI) fell 4.1%.
Altria Fell ~6% after Posting Disappointing Q1 Earnings
Altria failed to meet analysts’ revenue and EPS expectations for the first quarter.
Philip Morris Stock Fell despite Strong Q1 Results
Despite strong first-quarter results, Philip Morris was trading in the red early on April 18.
Why Did Altria Stock Fall ~4.8% on April 3?
The FDA’s announcement caused Altria’s stock price to fall. On April 3, the stock price fell to a low of $53.43 before closing the day at $53.98.
Philip Morris Stock Up ~30% this Year: More Upside?
After losing 36.8% of its stock value in 2018, Philip Morris International (PM) began 2019 on a strong note.
Altria’s Stock Price Rose More than 2% on February 22
According to a Bloomberg report on February 22, JUUL Lab’s management expects its revenues to rise to $3.4 billion in 2019.
Strong Fourth-Quarter Earnings Drove Philip Morris Stock
In the fourth quarter, Philip Morris outperformed analysts’ EPS estimate of $1.16 and revenue estimate of $7.39 billion.
Can Altria’s Q4 2018 Earnings Boost Its Stock Price?
Altria Group (MO) is scheduled to post its fourth-quarter earnings before the market opens on January 31.
Altria Stock Fell More than 6% after Morgan Stanley’s Downgrade
On January 22, Morgan Stanley downgraded Altria from “equal weight” to “underweight.” Morgan Stanley lowered the target price from $54 to $45.
Altria Acquires 35% Stake in Juul Labs
Today, Altria Group (MO) announced a $12.8 billion investment in Juul Labs for a stake of 35% in the e-cigarette company.
Altria Is Set to Invest $1.8 Billion in Cronos Group
Altria Group is all set to leverage growth opportunities in the cannabis space with its decision to buy a stake in Cronos Group.
Can We Expect an Upside Potential in Altria Stock?
As of September 17, Altria Group (MO) stock was trading at $62.44, which represents a 7.9% rise since July 26.
Philip Morris Stock Fell on Jefferies Downgrade
Since the beginning of 2018, Philip Morris stock has fallen 24.6% due to an increase in tobacco regulations, a decline in cigarette shipment volumes, and rising competition.
Why Philip Morris’s Q2 2018 Earnings Failed to Impress
Philip Morris International (PM) reported its Q2 earnings on July 19, posting adjusted EPS of $1.41 on revenues of $7.73 billion.
Could Philip Morris’s Q2 2018 Earnings Boost Its Stock Price?
Philip Morris (PM) plans to release its Q2 earnings on July 19. On July 11, PM stock traded at $82.84, down 18.3% from its Q1 earnings.
Philip Morris Stock Rose after Higher Quarterly Dividends
On June 8, Philip Morris International (PM) announced quarterly dividends of $1.14—a rise of 6.5% from its previous quarterly dividends of $1.07.
Altria’s Stock Price Falls on Weak Cigarette Shipment Volume
Altria Group (MO) posted its 1Q18 earnings before the market opened yesterday. What went wrong?
Why Altria Stock Is Seeing Downward Momentum
2017 has been a tough year for Altria. The stock has fallen 5.8% since the beginning of 2017.
Why Philip Morris’s iQOS Sales in Japan Are Promising
According to the WHO, under the current regulatory regimes, the percentage of the cigarette smoking population is expected to fall from 22% to 19% by 2025.
Citigroup Has Rated Altria Group a ‘Buy’
Altria Group (MO) has a market cap of $129.7 billion. It fell 1.7% to close at $63.55 per share on September 13, 2016.
Altria Group Reaffirms Its 2016 Projections
Altria Group (MO) has a market cap of $130.4 billion. It fell by 0.71% to close at $66.72 per share on September 7, 2016.
RAI’s Innovation Transformation, No Ban on Flavors from FDA
Reynolds American’s (RAI) key to transformation is robust results and an active innovation pipeline. The company formed RAI Innovation Company to seek alternatives to traditional cigarettes.
Why Altria’s 1Q16 Smokeable Segment’s Shipment Volume Rose
Altria Group’s (MO) smokeable product segment’s net revenue rose 3.8% to $5.4 billion in 1Q16 compared to $5.2 billion in 1Q15.
Sector Composition Changes in BIAHX until 1Q16
BIAHX was invested across 68 holdings as of March 2016, three more than a quarter ago. It was managing assets worth $1.11 billion.
Bank of England Stays Put with Current Bank Rate
The Bank of England Monetary Policy Committee (or MPC) voted by a majority of 8:1 to maintain a bank rate at 0.5% yesterday.
Reynolds American’s Largest Operating Segment: R. J. Reynolds Tobacco
R. J. Reynolds is Reynolds American’s largest operating segment. Its brands include the two best-selling cigarettes in the US, Camel and Pall Mall.
A Peek into Reynolds American’s Portfolio: Top-Selling Brands
Reynolds American’s brand portfolio includes R. J. Reynolds Tobacco’s growth brands Camel and Pall Mall. It also includes support brands Doral and Misty.
Reynolds American’s Competitive Positioning: Porter’s Five Forces
The US tobacco industry consists of a few tobacco giants. The industry concentration has increased with Reynolds’ acquisition of Lorillard.
Obstacles to Altria Group’s Growth: Weaknesses and Threats
Altria’s business faces threats of high scrutiny, taxation, and regulation. Prohibitions on cigarette sales and smoking bans in public places affect sales.
Understanding Altria’s Wine Business Segment
Altria’s subsidiary Ste. Michelle is a leading producer of Washington state wines. It owns wineries and distributes wines in several regions and countries.
Altria’s Heritage of Innovation and Investments in R&D
Altria’s R&D expenses for fiscal 2014 were $0.2 billion, or 0.9% of net sales. Its R&D expenses upped by 9.2% in 2014, reflecting a trend toward innovation.
Altria Group’s Smokeable Tobacco Product Segment
MO’s tobacco business segment consists of smokeable and smokeless tobacco products. The company’s smokeable tobacco companies include PM USA and Middleton.
Porter’s Five Forces: Altria Group’s Dominant Positioning
Altria is a dominant manufacturer and seller of smokeable products, smokeless products, and wine. Its tobacco-based premium brands face stiff competition.
Philip Morris’s Growth Hurdles Ahead: Weaknesses and Threats
Philip Morris faces an exceptional level of scrutiny, taxation, and regulation. Global health consciousness and ongoing litigation also pose a threat.
Philip Morris’s Spin-off from Altria, with New Collaborations
On March 2008, Philip Morris split from Altria. In 2013, both companies combined their marketing powers to revamp and distribute their e-vapor products.
Philip Morris’s Ongoing Enhancement of Heritage Brands
Philip Morris aims to enhance brand behavior through innovation and extension strategies and to increase sales by tailoring brands to consumer preferences.
Philip Morris’s Dominant Positioning in a Tough Industry
Tobacco regulations make entry into the industry difficult. Different brands and substitutes pose threats, but Philip Morris keeps prices reasonable.
Introducing Philip Morris International
Incorporated in Virginia in 1987, Philip Morris is a leading tobacco company whose revenue in 2014 was ~$80 billion—$29.8 billion after excise taxes.
Italy’s Inflation Rate Rose to 0.3% in July, yet EWI Fell 0.88%
The ECB’s (European Central Bank) monetary stimulus package seems to be working well for most Eurozone economies, especially Italy.
Reynolds American Leads High-Grade Bond Issuance in June 12 Week
US corporates dominated high-grade bond issuance in the June 12 week—accounting for 56.5% of all the issues. US financials accounted for 8.4% of all the issues.
