This Day In Market History: Philip Morris Acquires General Foods
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened: On this day in 1985, Philip Morris announced a $5.75-billion buyout of General Foods.
Philip Morris Reports Unconditional Offer For Vectura Group
- PMI has acquired or received valid acceptances for 74.77% shares in Vectura, and all other conditions have been satisfied or waived, making PMI’s offer unconditional in all respects
- PMI reaffirms commitment to
Philip Morris Rewards Shareholders With Dividend Hike
Philip Morris International Inc (NYSE:PM) has increased the company’s regular quarterly dividend by 4.2% to an annualized rate of $5.00 per…
Vice Stocks: A Sin Not To Have In Your Portfolio
By Josh Kincaid
Summary
Protecting your portfolio during economic uncertainty with sin stocks
Sin clauses, SRI and ESG may come at a financial cost
Sin stock’s benefits in addition to being recession-proof, generating strong and consistent earnings, and having limited competition
Traders Circulate POLITICO Article ‘FDA nears day of reckoning on e-cigarettes’ Highlighting Sept. 9 Date For Decision On Whether E-Cigarette Products Are ‘appropriate for the protection of public health’
https://www.politico.com/news/2021/09/07/fda-deadline-ecigs-509476
Philip Morris Int’l. Highlights Changes To Its Financing Framework To Allow For Co.’s Smoke-Free Transformation Into Financing Strategy
Philip Morris International Inc. (PMI) (NYSE:PM) today published its business transformation-linked financing framework (“Framework”), which integrates the company’s smoke-free transformation into its
Deutsche Bank Maintains Buy on Philip Morris Intl, Raises Price Target to $120
Deutsche Bank maintains Philip Morris Intl (NYSE:PM) with a Buy and raises the price target from $114 to $120.
Stocks That Hit 52-Week Highs On Tuesday
Before 10 a.m. ET on Tuesday, 55 companies set new 52-week highs.