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Hot Stocks
FDA announces Oct. 16, 2021 new effective date for final cigarette labeling rule » 11:24
05/28/20
05/28
11:24
05/28/20
11:24
BTI

British American Tobacco

$40.71 /

+0.25 (+0.62%)

, MO

Altria Group

$39.06 /

+0.005 (+0.01%)

, PM

Philip Morris

$74.02 /

+0.14 (+0.19%)

, IMBBY

Imperial Brands

$0.00 /

+ (+0.00%)

The FDA stated in a post…

The FDA stated in a post to its website: "Due to the COVID-19 pandemic and its disruptive impacts on both regulated industry and FDA, on May 8 the U.S. District Court for the Eastern District of Texas granted a joint motion in the case of R.J. Reynolds Tobacco Co. et al. v. United States Food and Drug Administration et al., No. 6:20-cv-00176, to govern proceedings in that case and postpone the effective date of the 'Required Warnings for Cigarette Packages and Advertisements' final rule by 120 days. FDA remains fully committed to the rule and would not agree to postpone its effective date but not for the extraordinary disruptions caused by the COVID-19 pandemic. The new effective date of the final rule is Oct. 16, 2021. Pursuant to the court order, any obligation to comply with a deadline tied to the effective date is similarly postponed. FDA strongly encourages entities to submit cigarette plans as soon as possible, and in any event by Dec. 16, 2020. FDA has updated the 'Required Warnings for Cigarette Packages and Advertisements' small entity compliance guide and the 'Submission of Plans for Cigarette Packages and Cigarette Advertisements' guidance to include the rule's new effective date and updated timing for submission of cigarette plans." Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Imperial Brands (IMBBY) and Philip Morris (PM). Reference Link

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PM Philip Morris
$74.02 /

+0.14 (+0.19%)

MO Altria Group
$39.06 /

+0.005 (+0.01%)

IMBBY Imperial Brands
$0.00 /

+ (+0.00%)

BTI British American Tobacco
$40.71 /

+0.25 (+0.62%)

BTI British American Tobacco
$40.71 /

+0.25 (+0.62%)

04/07/20 Morgan Stanley
Morgan Stanley upgrades 'safe haven' British American Tobacco to Overweight
04/07/20 Morgan Stanley
British American Tobacco upgraded to Overweight at Morgan Stanley
03/20/20 Jefferies
Altria suspension makes stock 'hard to own,' says Jefferies
03/05/20
Fly Intel: Top five analyst upgrades
MO Altria Group
$39.06 /

+0.005 (+0.01%)

04/20/20 Deutsche Bank
Altria Group price target lowered to $51 from $56 at Deutsche Bank
04/09/20 Piper Sandler
Piper Sandler a buyer of 'undervalued, defensive' Altria Group
04/03/20 Panmure Gordon
Altria Group upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Altria Group resumed with a Neutral at Goldman Sachs
PM Philip Morris
$74.02 /

+0.14 (+0.19%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
IMBBY Imperial Brands
$0.00 /

+ (+0.00%)

04/07/20 Morgan Stanley
Imperial Brands price target lowered to 1,656 GBp from 1,685 GBp at Morgan Stanley
03/31/20 Piper Sandler
Imperial Brands upgraded to Overweight from Neutral at Piper Sandler
03/30/20 Deutsche Bank
Imperial Brands price target lowered to 2,000 GBp at Deutsche Bank
PM Philip Morris
$74.02 /

+0.14 (+0.19%)

MO Altria Group
$39.06 /

+0.005 (+0.01%)

PM Philip Morris
$74.02 /

+0.14 (+0.19%)

MO Altria Group
$39.06 /

+0.005 (+0.01%)

IMBBY Imperial Brands
$0.00 /

+ (+0.00%)

BTI British American Tobacco
$40.71 /

+0.25 (+0.62%)

PM Philip Morris
$74.02 /

+0.14 (+0.19%)

MO Altria Group
$39.06 /

+0.005 (+0.01%)

BTI British American Tobacco
$40.71 /

+0.25 (+0.62%)

PM Philip Morris
$74.02 /

+0.14 (+0.19%)

MO Altria Group
$39.06 /

+0.005 (+0.01%)

Over a month ago
On The Fly
Fly Intel: Wall Street's top stories for Tuesday » 16:25
04/21/20
04/21
16:25
04/21/20
16:25
IBM

IBM

$116.86 /

-3.685 (-3.06%)

, KO

Coca-Cola

$45.30 /

-1.25 (-2.69%)

, LH

LabCorp

$148.00 /

+2.12 (+1.45%)

, NTDOY

Nintendo

$0.00 /

+ (+0.00%)

, BYND

Beyond Meat

$84.92 /

+5.77 (+7.29%)

, SBUX

Starbucks

$72.74 /

-2.59 (-3.44%)

, MAN

ManpowerGroup

$66.79 /

+4.79 (+7.73%)

, QRTEA

Qurate Retail

$7.02 /

-0.595 (-7.81%)

, PM

Philip Morris

$72.28 /

-4.52 (-5.89%)

Stocks fell again today…

Open Full Text

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IBM IBM
$116.86 /

-3.685 (-3.06%)

04/21/20 Morgan Stanley
Krishna years away from returning IBM to sustainable growth, says Morgan Stanley
04/21/20 Wedbush
IBM price target lowered to $140 from $155 at Wedbush
04/17/20 BMO Capital
IBM price target lowered to $135 from $155 at BMO Capital
04/15/20 Credit Suisse
IBM price target lowered to $150 from $173 at Credit Suisse
KO Coca-Cola
$45.30 /

-1.25 (-2.69%)

04/01/20 Goldman Sachs
Coca-Cola resumed with a Neutral at Goldman Sachs
03/27/20
Fly Intel: Top five analyst upgrades
03/27/20 Argus
Coca-Cola upgraded to Buy from Hold at Argus
03/27/20 Argus
Coca-Cola upgraded to Buy from Hold at Argus
LH LabCorp
$148.00 /

+2.12 (+1.45%)

03/30/20 Wells Fargo
LabCorp price target lowered to $170 from $215 at Wells Fargo
03/24/20 JPMorgan
LabCorp price target lowered to $182 from $204 at JPMorgan
03/06/20 Jefferies
COVID-19 tests unlikely to move needle for Quest or LabCorp, says Jefferies
02/13/20 Piper Sandler
LabCorp price target raised to $219 from $177 at Piper Sandler
NTDOY Nintendo
$0.00 /

+ (+0.00%)

03/25/20 JPMorgan
Nintendo's new game to contribute substantially to FY20 earnings, says JPMorgan
01/16/20 Piper Sandler
NPD game sales data 'most positive' for EA, says Piper Sandler
12/19/19 Goldman Sachs
Nintendo downgraded to Neutral from Buy at Goldman Sachs
11/21/19 Morgan Stanley
Nintendo downgraded to Equal Weight from Overweight at Morgan Stanley
BYND Beyond Meat
$84.92 /

+5.77 (+7.29%)

04/08/20 Credit Suisse
Beyond Meat price target lowered to $90 from $118 at Credit Suisse
04/06/20 JPMorgan
Beyond Meat price target lowered to $77 from $108 at JPMorgan
04/02/20 DA Davidson
DA Davidson upgrades Beyond Meat to Neutral on five-year outlook
04/02/20 DA Davidson
Beyond Meat upgraded to Neutral from Underperform at DA Davidson
SBUX Starbucks
$72.74 /

-2.59 (-3.44%)

04/17/20 Wolfe Research
Starbucks initiated with an Outperform at Wolfe Research
04/13/20 Oppenheimer
Starbucks price target lowered to $90 from $95 at Oppenheimer
04/09/20 JPMorgan
Starbucks price target raised to $65 from $55 at JPMorgan
04/09/20
Fly Intel: Top five analyst downgrades
MAN ManpowerGroup
$66.79 /

+4.79 (+7.73%)

04/07/20 CL King
ManpowerGroup price target lowered to $80 from $107 at CL King
04/06/20 Goldman Sachs
Goldman cuts staffing estimates, says buy Korn/Ferry, sell Robert Half
03/27/20 SunTrust
ManpowerGroup price target lowered to $64 from $92 at SunTrust
03/19/20 Barclays
ManpowerGroup downgraded to Underweight from Overweight at Barclays
QRTEA Qurate Retail
$7.02 /

-0.595 (-7.81%)

04/21/20 UBS
Qurate Retail downgraded to Neutral from Buy at UBS
04/06/20 Citi
Citi wonders if Qurate Retail actions foreshadow going private deal
11/12/19 Craig-Hallum
Qurate Retail price target lowered to $16 from $24 at Craig-Hallum
05/13/19 Craig-Hallum
Qurate Retail price target lowered to $24 from $30 at Craig-Hallum
PM Philip Morris
$72.28 /

-4.52 (-5.89%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
Periodicals
FDA tells Bloomberg cigarette smokers may face higher COVID-19 risk » 13:59
04/21/20
04/21
13:59
04/21/20
13:59
BTI

British American Tobacco

$35.64 /

-1.09 (-2.97%)

, MO

Altria Group

$38.32 /

-0.765 (-1.96%)

, PM

Philip Morris

$71.97 /

-4.83 (-6.29%)

, IMBBY

Imperial Brands

$0.00 /

+ (+0.00%)

The FDA told Bloomberg in…

The FDA told Bloomberg in an emailed response to a question, "People who smoke cigarettes may be at increased risk of infection with the virus that causes Covid-19, and may have worse outcomes from Covid-19." In a statement on March 27, the FDA said vaping and smoking only posed a higher risk for the coronavirus in people who had underlying conditions. Publicly traded companies in the tobacco space include Altria Group (MO), British American Tobacco (BTI), Imperial Brands (IMBBY) and Philip Morris (PM). Shares of Altria Group are down 2% to $38.27 in afternoon trading while Philip Morris is down 6% to $72.02.

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BTI British American Tobacco
$35.64 /

-1.09 (-2.97%)

04/07/20 Morgan Stanley
Morgan Stanley upgrades 'safe haven' British American Tobacco to Overweight
04/07/20 Morgan Stanley
British American Tobacco upgraded to Overweight at Morgan Stanley
03/20/20 Jefferies
Altria suspension makes stock 'hard to own,' says Jefferies
03/05/20
Fly Intel: Top five analyst upgrades
MO Altria Group
$38.32 /

-0.765 (-1.96%)

04/20/20 Deutsche Bank
Altria Group price target lowered to $51 from $56 at Deutsche Bank
04/09/20 Piper Sandler
Piper Sandler a buyer of 'undervalued, defensive' Altria Group
04/03/20 Panmure Gordon
Altria Group upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Altria Group resumed with a Neutral at Goldman Sachs
PM Philip Morris
$71.97 /

-4.83 (-6.29%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
IMBBY Imperial Brands
$0.00 /

+ (+0.00%)

04/07/20 Morgan Stanley
Imperial Brands price target lowered to 1,656 GBp from 1,685 GBp at Morgan Stanley
03/31/20 Piper Sandler
Imperial Brands upgraded to Overweight from Neutral at Piper Sandler
03/30/20 Deutsche Bank
Imperial Brands price target lowered to 2,000 GBp at Deutsche Bank
On The Fly
Fly Intel: Wall Street's top stories at midday » 12:50
04/21/20
04/21
12:50
04/21/20
12:50
IBM

IBM

$114.52 /

-6.025 (-5.00%)

, KO

Coca-Cola

$45.29 /

-1.26 (-2.71%)

, LH

LabCorp

$147.00 /

+1.12 (+0.77%)

, BYND

Beyond Meat

$82.66 /

+3.51 (+4.43%)

, SBUX

Starbucks

$71.98 /

-3.35 (-4.45%)

, TSC

TriState Capital

$13.23 /

+2.78 (+26.60%)

, QRTEA

Qurate Retail

$6.86 /

-0.755 (-9.91%)

, PM

Philip Morris

$72.59 /

-4.21 (-5.48%)

Stocks are sliding again…

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IBM IBM
$114.52 /

-6.025 (-5.00%)

04/21/20 Morgan Stanley
Krishna years away from returning IBM to sustainable growth, says Morgan Stanley
04/21/20 Wedbush
IBM price target lowered to $140 from $155 at Wedbush
04/17/20 BMO Capital
IBM price target lowered to $135 from $155 at BMO Capital
04/15/20 Credit Suisse
IBM price target lowered to $150 from $173 at Credit Suisse
KO Coca-Cola
$45.29 /

-1.26 (-2.71%)

04/01/20 Goldman Sachs
Coca-Cola resumed with a Neutral at Goldman Sachs
03/27/20
Fly Intel: Top five analyst upgrades
03/27/20 Argus
Coca-Cola upgraded to Buy from Hold at Argus
03/27/20 Argus
Coca-Cola upgraded to Buy from Hold at Argus
LH LabCorp
$147.00 /

+1.12 (+0.77%)

03/30/20 Wells Fargo
LabCorp price target lowered to $170 from $215 at Wells Fargo
03/24/20 JPMorgan
LabCorp price target lowered to $182 from $204 at JPMorgan
03/06/20 Jefferies
COVID-19 tests unlikely to move needle for Quest or LabCorp, says Jefferies
02/13/20 Piper Sandler
LabCorp price target raised to $219 from $177 at Piper Sandler
BYND Beyond Meat
$82.66 /

+3.51 (+4.43%)

04/08/20 Credit Suisse
Beyond Meat price target lowered to $90 from $118 at Credit Suisse
04/06/20 JPMorgan
Beyond Meat price target lowered to $77 from $108 at JPMorgan
04/02/20 DA Davidson
DA Davidson upgrades Beyond Meat to Neutral on five-year outlook
04/02/20 DA Davidson
Beyond Meat upgraded to Neutral from Underperform at DA Davidson
SBUX Starbucks
$71.98 /

-3.35 (-4.45%)

04/17/20 Wolfe Research
Starbucks initiated with an Outperform at Wolfe Research
04/13/20 Oppenheimer
Starbucks price target lowered to $90 from $95 at Oppenheimer
04/09/20 JPMorgan
Starbucks price target raised to $65 from $55 at JPMorgan
04/09/20
Fly Intel: Top five analyst downgrades
TSC TriState Capital
$13.23 /

+2.78 (+26.60%)

01/30/20 Keefe Bruyette
TriState Capital downgraded to Market Perform from Outperform at Keefe Bruyette
09/25/19 B. Riley FBR
B. Riley FBR starts TriState Capital with Buy on earnings growth potential
09/24/19 B. Riley FBR
TriState Capital initiated with a Buy at B. Riley FBR
QRTEA Qurate Retail
$6.86 /

-0.755 (-9.91%)

04/21/20 UBS
Qurate Retail downgraded to Neutral from Buy at UBS
04/06/20 Citi
Citi wonders if Qurate Retail actions foreshadow going private deal
11/12/19 Craig-Hallum
Qurate Retail price target lowered to $16 from $24 at Craig-Hallum
05/13/19 Craig-Hallum
Qurate Retail price target lowered to $24 from $30 at Craig-Hallum
PM Philip Morris
$72.59 /

-4.21 (-5.48%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
On The Fly
Fly Intel: Pre-market Movers » 09:09
04/21/20
04/21
09:09
04/21/20
09:09
LH

LabCorp

$145.88 /

-2.55 (-1.72%)

, CARA

Cara Therapeutics

$14.84 /

+0.21 (+1.44%)

, BYND

Beyond Meat

$79.15 /

+2.22 (+2.89%)

, LMT

Lockheed Martin

$384.05 /

-17.42 (-4.34%)

, STLD

Steel Dynamics

$22.56 /

-0.89 (-3.80%)

, PM

Philip Morris

$76.80 /

-1.23 (-1.58%)

, FITB

Fifth Third

$16.69 /

+0.06 (+0.36%)

, TRV

Travelers

$101.77 /

-3.34 (-3.18%)

, CMA

Comerica

$29.67 /

-0.29 (-0.97%)

, FHN

First Horizon

$7.96 /

-0.05 (-0.62%)

, IBM

IBM

$120.55 /

+0.435 (+0.36%)

Check out this morning's…

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LH LabCorp
$145.88 /

-2.55 (-1.72%)

03/30/20 Wells Fargo
LabCorp price target lowered to $170 from $215 at Wells Fargo
03/24/20 JPMorgan
LabCorp price target lowered to $182 from $204 at JPMorgan
03/06/20 Jefferies
COVID-19 tests unlikely to move needle for Quest or LabCorp, says Jefferies
02/13/20 Piper Sandler
LabCorp price target raised to $219 from $177 at Piper Sandler
CARA Cara Therapeutics
$14.84 /

+0.21 (+1.44%)

01/10/20 Stifel
Cara Therapeutics named a BioPharma top pick for 2020 at Stifel
12/19/19 Piper Sandler
Cara Therapeutics risk/reward 'compelling' at these levels, says Piper Jaffray
12/04/19 Cantor Fitzgerald
Cara Therapeutics price target raised to $33 from $29 at Cantor Fitzgerald
12/03/19 Stifel
Stock pressure on Cara dismisses achievement of dose finding goal, says Stifel
BYND Beyond Meat
$79.15 /

+2.22 (+2.89%)

04/08/20 Credit Suisse
Beyond Meat price target lowered to $90 from $118 at Credit Suisse
04/06/20 JPMorgan
Beyond Meat price target lowered to $77 from $108 at JPMorgan
04/02/20 DA Davidson
DA Davidson upgrades Beyond Meat to Neutral on five-year outlook
04/02/20 DA Davidson
Beyond Meat upgraded to Neutral from Underperform at DA Davidson
LMT Lockheed Martin
$384.05 /

-17.42 (-4.34%)

03/26/20 Citi
FARA reporting incrementally positive for Textron, says Citi
03/25/20 DZ Bank
Lockheed Martin upgraded to Buy from Hold at DZ Bank
03/11/20 Goldman Sachs
Goldman cuts targets across Aerospace coverage for COVID-19 impact
01/29/20 Susquehanna
Lockheed Martin price target raised to $503 from $428 at Susquehanna
STLD Steel Dynamics
$22.56 /

-0.89 (-3.80%)

04/21/20 BMO Capital
BMO Capital sees magnitude of near term weakness as more relevant than Q1 result
03/30/20 Deutsche Bank
Steel Dynamics upgraded to Buy from Hold at Deutsche Bank
03/24/20
Fly Intel: Top five analyst upgrades
03/24/20 KeyBanc
Steel Dynamics upgraded to Overweight on valuation at KeyBanc
PM Philip Morris
$76.80 /

-1.23 (-1.58%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
FITB Fifth Third
$16.69 /

+0.06 (+0.36%)

04/06/20 Wells Fargo
Wells Fargo sees information 'void' until banks report earnings next week
03/23/20 DA Davidson
Fifth Third initiated with a Buy at DA Davidson
03/18/20 Wedbush
Fifth Third/Toll Brothers/Tempur Sealy removed from Best Ideas List at Wedbush
03/02/20 Baird
Baird upgrades Regions Financial, Fifth Third, First Horizon to Outperform
TRV Travelers
$101.77 /

-3.34 (-3.18%)

04/13/20 Evercore ISI
Travelers upgraded to In Line from Underperform at Evercore ISI
04/08/20 RBC Capital
Travelers price target lowered to $115 from $140 at RBC Capital
04/02/20 Keefe Bruyette
Travelers upgraded to Market Perform from Underperform at Keefe Bruyette
04/01/20 Wells Fargo
Travelers price target lowered to $110 from $130 at Wells Fargo
CMA Comerica
$29.67 /

-0.29 (-0.97%)

04/14/20 Compass Point
Comerica initiated with a Neutral at Compass Point
03/26/20 Odeon Capital
Comerica upgraded to Hold from Sell at Odeon Capital
03/19/20 SunTrust
Comerica price target lowered to $40 from $52 at SunTrust
FHN First Horizon
$7.96 /

-0.05 (-0.62%)

04/01/20 Keefe Bruyette
First Horizon upgraded to Outperform from Market Perform at Keefe Bruyette
03/25/20 Stephens
First Horizon upgraded to Overweight from Equal Weight at Stephens
03/02/20 Baird
First Horizon upgraded to Outperform from Neutral at Baird
IBM IBM
$120.55 /

+0.435 (+0.36%)

04/21/20 Morgan Stanley
Krishna years away from returning IBM to sustainable growth, says Morgan Stanley
04/21/20 Wedbush
IBM price target lowered to $140 from $155 at Wedbush
04/17/20 BMO Capital
IBM price target lowered to $135 from $155 at BMO Capital
04/15/20 Credit Suisse
IBM price target lowered to $150 from $173 at Credit Suisse
Hot Stocks
Philip Morris withrdaws FY20 reported EPS guidance of at least $5.50 » 07:04
04/21/20
04/21
07:04
04/21/20
07:04
PM

Philip Morris

$76.80 /

-1.23 (-1.58%)

CEO Andre Calantzopoulos…

CEO Andre Calantzopoulos said: "We expect that the pandemic will have adverse impacts on our full-year 2020 business results. Those already observable relate to a severe reduction of our duty-free sales, slower IQOS user acquisition and delayed minimum price enforcement in Indonesia. We also have to assume that, in certain markets, unemployment and related reductions in disposable income will have a temporary impact on market dynamics or the ability of certain small retailers to operate. The duration of the pandemic, the magnitude of its economic impact during the government restrictions, and the subsequent speed of recovery are today unknown. As we are currently unable to forecast with reasonable accuracy the impact of these factors for the remainder of the year, we are withdrawing our 2020 reported diluted EPS guidance of at least $5.50, originally provided on February 6, 2020, and are instead providing a forecast for the second quarter, for which we have relatively better visibility."

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PM Philip Morris
$76.80 /

-1.23 (-1.58%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
Hot Stocks
Philip Morris: Q1 cigarette, heated tobacco unit shipment volume fell 1.2% » 07:03
04/21/20
04/21
07:03
04/21/20
07:03
PM

Philip Morris

$76.80 /

-1.23 (-1.58%)

In Q1: Cigarette and…

In Q1: Cigarette and heated tobacco unit shipment volume down by 1.2%, reflecting cigarette shipment volume down by 4.4%, and heated tobacco unit shipment volume up by 45.5% to 16.7 billion units; down by 0.6% on a like-for-like basis. Market share of heated tobacco units in IQOS markets, excluding the U.S., up by 1.9 points to 6.6% .

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PM Philip Morris
$76.80 /

-1.23 (-1.58%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
Hot Stocks
Philip Morris to provide quarterly forecasts on one quarter forward basis » 07:02
04/21/20
04/21
07:02
04/21/20
07:02
PM

Philip Morris

$76.80 /

-1.23 (-1.58%)

Until PMI is able to…

Until PMI is able to estimate the full-year 2020 impact of COVID-19 on its business with greater certainty, the company plans to continue providing quarterly forecasts on a one quarter forward basis, with the exception of the following items forecasted for the full year: capital expenditures of approximately $0.8 billion, compared to approximately $1.0 billion disclosed previously, with the reduction unrelated to reduced-risk product investments; and an effective tax rate of approximately 23%, subject to changes in full-year earnings mix.

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PM Philip Morris
$76.80 /

-1.23 (-1.58%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
Earnings
Philip Morris sees Q2 EPS $1.00-$1.10, consensus $1.40 » 07:01
04/21/20
04/21
07:01
04/21/20
07:01
PM

Philip Morris

$76.80 /

-1.23 (-1.58%)

As initially communicated…

As initially communicated on February 6th, PMI anticipated a soft second quarter in 2020, notably due to an unfavorable prior year comparison, existing dynamics in Indonesia and the phasing of certain costs. The company now anticipates a further adverse impact related to the COVID-19 pandemic, with the largest quarterly impact this year expected in the second quarter. PMI forecasts second-quarter reported diluted EPS to be in a range of $1.00 to $1.10, including an unfavorable currency impact, at prevailing exchange rates, of approximately $0.12 per share. This forecast assumes the following estimated unfavorable EPS impacts in the quarter related to COVID-19: 10 cents for distributor and trade inventory movements, mainly related to reversals from the first quarter; 9 cents for lost Duty-Free sales, net of domestic sales recapture, assuming no recovery in global travel in the period; 5 to 15 cents for the impact of the delay in minimum price enforcement in Indonesia and other COVID-19-related factors, including temporary reductions in daily consumption and down-trading in certain developing markets. The forecast also assumes: a currency-neutral net revenue decline of approximately 8% to 12%, wholly attributable to COVID-19-related factors, including lower IQOS device sales; and no additional disruption in the company's ability to supply its customers, based on its current operations and inventory levels.

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PM Philip Morris
$76.80 /

-1.23 (-1.58%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades
Earnings
Philip Morris reports Q1 adjusted EPS $1.21, consensus $1.13 » 07:00
04/21/20
04/21
07:00
04/21/20
07:00
PM

Philip Morris

$76.80 /

-1.23 (-1.58%)

Reports Q1 revenue…

Reports Q1 revenue $7.15B, consensus $6.82B.

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PM Philip Morris
$76.80 /

-1.23 (-1.58%)

04/03/20 Panmure Gordon
Philip Morris upgraded to Buy from Hold at Panmure Gordon
04/01/20 Goldman Sachs
Philip Morris resumed with a Buy at Goldman Sachs
03/23/20 Piper Sandler
Philip Morris recent share selloff looks overdone, says Piper Sandler
02/13/20
Fly Intel: Top five analyst upgrades

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