| 2024-04-25 | -2.96 % |
- The article discusses potential investment opportunities in cheap stocks for 2024, highlighting companies like U.S. Bancorp, Ford, Barrick Gold, Hewlett Packard Enterprise, Capital One, and Verizon. Philip Morris International (PM) stock went down -2.96% due to recent economic indicators, including job growth and wage increases, potentially affecting investor sentiment.
- The article discusses Philip Morris International (PM) stock, which experienced a decline of -2.96%. The stock was recently upgraded with a new target price by Stifel Nicolaus. The decrease in PM stock price can be attributed to various factors, including recent downgrades by research firms such as UBS Group, contributing to a negative outlook on the stock. Additionally, the company reported its quarterly earnings, beating analysts' expectations, but the negative return on equity may have impacted investor confidence and contributed to the stock's decline.
- The article discusses Philip Morris International (PM) stock, which was down by -2.96% last night due to analysts issuing mixed ratings, with one downgrade and other mixed ratings that influenced the stock negatively; furthermore, the stock closed at $99.03, with a PE ratio of 19.73 and a negative return on equity for the last quarter.
|
| 2024-04-24 | +1.39 % |
- Summary: Philip Morris International stock went up by 1.39% following a successful transition in its business model towards alternative smoking products, such as IQOS and ZYN, which are experiencing significant growth and now account for 38% of sales.
Reason for stock increase: The positive shift in Philip Morris International stock can be attributed to the company's successful transition towards alternative smoking products like IQOS and ZYN, which are experiencing rapid growth and now make up a significant portion of the company's sales.
- Summary: Tennessee Valley Asset Management Partners recently acquired a stake in Philip Morris International Inc. (PM) by purchasing shares valued at around $33,000, and additional institutional investors have made changes to their positions in the stock, leading to a 1.39% increase in PM stock value.
Reason for Philip Morris International (PM) stock increase: The rise in PM stock was influenced by investments from institutional investors like Tennessee Valley Asset Management Partners, among others, who have increased their holdings in the company, reflecting positive sentiment and confidence in the company's future performance.
- The article discusses how Sigma Planning Corp and other hedge funds modified their holdings of Philip Morris International Inc., with some selling and others buying additional shares, leading to a 1.39% increase in the stock price. The stock went up as investors seemed to be reacting positively to analyst reports and the company's strong quarterly earnings results.
|
| 2024-04-23 | +3.83 % |
- The article discusses Philip Morris International (PM) stock, which rose by 3.83% recently, attributing the increase to a transformation underway within the company and the market's positive sentiment towards it.
- The article reports that Philip Morris International stock was up 3.83% last night, following the company's first-quarter FY24 sales growth of 9.7% year-on-year to $8.793 billion, driven by rising cigarette and Heated Tobacco unit (HTU) shipment volumes, particularly in the smoke-free business that accounted for 39% of the total net revenues.
- The article summarizes Philip Morris International Inc.'s outstanding first-quarter performance with double-digit growth in organic net revenue and operating income, driven by momentum in their smoke-free business, particularly the IQOS and ZYN products, resulting in a 3.83% increase in their stock price, with key factors being strong volume growth, robust earnings, and positive outlook for the year ahead.
|
| 2024-04-19 | +2.82 % |
|
| 2024-04-17 | +1.21 % |
|
| 2024-04-16 | +1.02 % |
|
| 2024-04-11 | -0.32 % |
|
| 2024-04-09 | +0.83 % |
- The article discusses how Philip Morris International Inc. (NYSE: PM) stock rose by 0.83% and highlights that various institutional investors increased their holdings in the company, with Valley National Advisers Inc. increasing its stake by 8.2% during the fourth quarter, potentially contributing to the stock's rise.
- The article discusses how Stratos Wealth Partners LTD. and other hedge funds modified their holdings in Philip Morris International Inc. (PM), with Stratos Wealth Partners LTD. decreasing its position by 5.0% in the 4th quarter. The stock of Philip Morris International went up by 0.83% last night. The increase in the stock price could be attributed to various factors, such as institutional investors adjusting their positions, positive quarterly earnings results, dividend payments, and the company's strategic shift towards smoke-free products and expanding its product portfolio beyond tobacco and nicotine.
- Summary: Meeder Asset Management Inc. acquired a new stake in Philip Morris International Inc. (NYSE:PM) during the 4th quarter, leading to an increase in the stock value by 0.83%.
Reason for Stock Increase: The stock of Philip Morris International (PM) went up due to increased interest and investment from various institutional investors and hedge funds, as highlighted by acquisitions made by Meeder Asset Management Inc., Studio Investment Management LLC, PFG Investments LLC, Townsend Asset Management Corp NC ADV, CGC Financial Services LLC, and Corrigan Financial Inc. Additionally, the company's quarterly earnings report showed positive revenue and earnings growth, contributing to the stock's rise.
|
| 2024-04-05 | -0.69 % |
|
| 2024-04-04 | -0.99 % |
|
| 2024-04-03 | -0.89 % |
- The article discusses the return of the debate regarding whether Tesla Inc. should be included in environmental, social, and governance (ESG) investment funds, with the company experiencing a drop in sales and stock value, potentially attributed to CEO Elon Musk's actions and statements undermining the company's ESG standing. Electric vehicle demand, shipping delays, and production disruptions were cited as contributing factors to the sales decline, while possible negative impact from Musk's reputation was also mentioned as a reason for the stock's decline.
- The article discusses the debate on whether Tesla belongs in ESG investment funds, mentioning a recent sales drop that led to a decrease in its stock value, while also highlighting Elon Musk's controversial views on ESG. The decline in Tesla stock price is attributed to factors like reduced demand for electric vehicles and potential negative impact of Musk's brand on sales, besides issues like product upgrades and logistical challenges.
|
| 2024-03-28 | -0.66 % |
- The article discusses how PFG Investments LLC increased its stake in Philip Morris International Inc. (NYSE:PM) and other hedge funds like State Street Corp, Morgan Stanley, and Wellington Management Group also bought shares, while research analysts gave varying ratings for the stock. The stock went down by -0.66%, likely due to the company's last quarterly earnings report on February 8th, where they missed EPS estimates, had a negative return on equity, and a high dividend payout ratio.
- European governments are considering tougher regulations on cigarette makers' new zero-tobacco heat sticks, introduced by companies like Philip Morris International and British American Tobacco, to counter an upcoming European Union ban on flavored heated tobacco products, causing Philip Morris International (PM) stock to decline by -0.66% as authorities in Latvia, Lithuania, and Croatia are looking to introduce stronger regulations on these products due to concerns over addiction and potential health risks.
- The article discusses how RNC Capital Management LLC reduced its stake in Philip Morris International Inc., leading to a decrease in the company's stock value by -0.66%, with other hedge funds also making changes to their positions; the decline may be attributed to these shifts in investments and the company's recent financial performance below expected estimates.
|
| 2024-03-27 | +2.05 % |
|
| 2024-03-26 | -0.84 % |
|
| 2024-03-25 | +0.3 % |
|
| 2024-03-22 | -1.43 % |
- The article discusses how individuals are influencing policymaking through the power of the "Fifth Estate," as examined by Philip Morris International (PMI) in a white paper and survey, which showed that most Americans are now getting their information from individual and community-based online platforms rather than traditional media. The stock of Philip Morris International (PM) went down by -1.43% last night, likely due to various factors influencing the market such as economic indicators, company performance, investor sentiment, or broader market conditions.
- Philip Morris International's stock was down -1.43% last night, likely due to insider selling by Massimo Andolina, who sold 8,250 shares of the stock, as well as the company's recent earnings report showing lower-than-expected earnings per share.
|
| 2024-03-21 | -1.54 % |
|
| 2024-03-20 | -1.41 % |
|
| 2024-03-19 | -0.37 % |
|
| 2024-03-14 | -1.44 % |
|
| 2024-03-13 | +0.69 % |
|
| 2024-03-12 | +0.28 % |
|
| 2024-03-07 | +0.46 % |
|
| 2024-03-05 | +0.29 % |
|
| 2024-03-01 | -0.14 % |
|
| 2024-02-27 | -0.27 % |
|
| 2024-02-26 | -1.25 % |
|
| 2024-02-23 | +0.41 % |
|
| 2024-02-21 | +1.04 % |
|
| 2024-02-20 | -0.01 % |
|
| 2024-02-15 | -0.27 % |
|
| 2024-02-14 | +0.03 % |
|
| 2024-02-09 | +0.12 % |
|
| 2024-02-08 | -2.66 % |
|
| 2024-02-06 | +0.03 % |
|
| 2024-02-05 | -1.46 % |
|
| 2024-02-02 | -0.32 % |
|
| 2024-02-01 | +2.69 % |
|
| 2024-01-29 | +0.94 % |
|
| 2024-01-26 | -0.39 % |
|
| 2024-01-25 | +0.36 % |
|
| 2024-01-23 | -0.68 % |
|
| 2024-01-17 | -0.85 % |
|
| 2023-12-19 | +0.41 % |
|
| 2023-12-14 | +0.29 % |
|
| 2023-12-13 | +1.64 % |
|
| 2023-12-12 | -0.12 % |
|
| 2023-12-08 | +0.21 % |
|
| 2023-12-07 | +0.02 % |
|
| 2023-12-06 | -1.56 % |
|
| 2023-12-05 | -0.42 % |
- The article states that Philip Morris International's stock went down by 0.42%, and the reason for the decline is not mentioned in the article.
- Philip Morris International (PM) stock went down by -0.42% due to regulatory risks, increasing marketing and regulatory restrictions, health concerns, litigation, intense competition, and economic and political developments, among other factors.
- The article reports that the stock of Philip Morris International (PM) fell by 0.42% due to a poor trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average also falling. The stock underperformed compared to its competitor, Altria Group Inc., and trading volume remained below average.
|
| 2023-12-04 | -1.19 % |
|
| 2023-11-28 | +0.11 % |
|
| 2023-11-27 | -0.31 % |
|
| 2023-11-17 | +0.73 % |
|
| 2023-11-14 | +0.44 % |
|
| 2023-11-13 | +0.33 % |
|
| 2023-11-08 | -1.18 % |
|
| 2023-11-07 | +0.34 % |
|
| 2023-11-03 | +0.64 % |
|
| 2023-10-26 | -0.36 % |
|
