- Why PMI believes that the tobacco industry remains an attractive investment;
- The strategies that the company believes will enable it to outperform the sector; and
- The company’s incremental growth opportunities
Investors who jumped on the Blue Chip dividend train five years did well, but now they are expensive.
Other Asian countries could follow the Philippines' lead; the ban is the latest example of increasingly tight regulations on smoking worldwide.
Reynolds American will now consider a $47 billion buyout from British American Tobacco just two days after its CEO announced her impending retirement.
Philip Morris (PM) posted better-than-anticipated earnings for the 2016 third quarter and increased its regular quarterly dividend.