Philip Morris International Inc. (NYSE: PM) shares are trading higher by 2.44% to $101.69 Thursday morning. Jefferies analyst Owen Bennett upgraded Philip Morris Thursday from a Hold to Buy and announced a $118 price target.
What Happened?
Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened: On Jan. 11, 1964, the U.S. government issued its first health warning against cigarettes.
Where Was The Market: The S&P 500 traded around 76.45 and the Dow traded near 766.08.
Amgen Inc's (NASDAQ: AMGN) deal to acquire Horizon Therapeutics (NASDAQ: HZNP) requires a sizable loan that ranks among the biggest debt commitments for
Every year, more than eight million people die from tobacco. More than seven million of those deaths have been caused by direct tobacco use, while the rest is caused by second-hand smoke.
Terence “Terry” Smith founded Fundsmith, a London-based investment management company, in 2010. Smith has been referred to as the “English Warren Buffett” for his strategy of buying and holding shares in a limited number of stocks that have growth opportunities.