Philip Morris International Inc
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Consumer Staples : Tobacco | Large Cap Value
Company profile

Philip Morris International Inc. is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada. The Company's portfolio of international and local brands is led by Marlboro. Its mid-price brands are L&M, Lark, Merit, Muratti and Philip Morris. Its other international brands include Bond Street, Chesterfield, Next and Red & White. The Company also owns various local cigarette brands, such as Dji Sam Soe, Sampoerna and U Mild in Indonesia; Champion, Fortune and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

Closing Price
$74.45
Day's Change
-0.41 (-0.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
75.37
Day's Low
74.31
Volume
(Below Average)
Volume:
3,823,431

10-day average volume:
4,637,869
3,823,431

Stocks open slightly higher as U.S., China reaffirm commitment to trade deal

9:37 am ET August 25, 2020 (MarketWatch)
Print

Stocks opened higher Tuesday, with the S&P 500 trading at an all-time intraday high as it built on the previous session's record close. A positive tone for global equities was attributed in part to a phone call between top U.S. and Chinese officials that saw them reaffirm their commitment to the phase one trade deal agreed to earlier this year, despite a rise in tensions between Beijing and Washington. The Dow Jones Industrial Average was off 8 points at 28,300, flipping between small gains and losses. The S&P 500 was up 3 points, or 0.1%, at 3,434, while the Nasdaq Composite was up less than 0.1% at 11,383. Shares of Dow components Exxon Mobil Corp. (XOM), Pfizer Inc. (PFE) and Raytheon Technologies Corp. (RTX) were under pressure after S&P Dow Jones Indices announced late Monday that they would be taken out of the blue-chip gauge at the end of the month, to be replaced by Salesforce.com Inc. (CRM), Amgen Inc. (AMGN) and Honeywell International Inc. (HON).

-William Watts; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 25, 2020 09:37 ET (13:37 GMT)

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