STOCKHOLM–Swedish Match AB said late Thursday that it recommends shareholders accept Philip Morris International Inc.’s increased offer for the company. Philip Morris PM, -0.04% last week raised its takeover bid Read more
Tag: PM
Altria takes on Juul, Philip Morris in smoke-free tobacco
Marlboro maker Altria Group Inc. said it is forming a partnership with Japan Tobacco Group to develop and sell heated tobacco devices in the U.S. and abroad. The move pits Read more
Philip Morris boosts Swedish Match bid and buys U.S. rights to Iqos
Philip Morris International Inc. raised its offer for Swedish Match by 9.4% and has agreed to pay $2.7 billion to regain the U.S. rights for its IQOS heated tobacco products Read more
Philip Morris increases bid for Swedish Match to SEK116/share, says won’t increase price further
Philip Morris International Inc. PM, +0.19% on Thursday raised its takeover offer for Swedish Match AB SWMA, +1.77% in a deal that values the Swedish tobacco company at 176.4 billion Read more
Here are the companies and sectors that are most vulnerable to the strong dollar this earnings season
Since roughly 40% of S&P 500 companies’ sales are generated abroad, equity strategists expect the strong U.S. dollar will weigh heavily on corporate earnings as the third-quarter corporate reporting season Read more
Get ready for a stormy earnings season with these 12 stocks from Goldman and other strategists.
A not-great start to the week is setting up for Wall Street, which is still smarting from too-strong jobs data and anxiously looking ahead to a CPI update. A fresh Read more
Get ready for a stormy earnings season with these 12 stocks from Goldman and other strategists.
A not-great start to the week is setting up for Wall Street, which is still smarting from too-strong jobs data and anxiously looking ahead to a CPI update. A fresh Read more
Altria and Juul end noncompete deal: Here’s what that means for e-cigarette sales and marketing
Altria Group Inc. said Friday it has taken a step that extricates it from its noncompete arrangement with vaping company Juul Labs Inc., freeing both companies to pursue their own Read more
22 dividend stocks screened for quality and safety
Now that the S&P 500 has hit a new closing low for 2022, it is a good time to rerun a screen of low-volatility dividend stocks that may perform relatively Read more