European regulators close in on Big Tobacco's new tea sticks [Reuters]
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
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Source: Reuters
sticks, moving to close the loopholes they were designed to exploit just months after their launch. Big tobacco companies including Philip Morris International (PM.N) , opens new tab and British American Tobacco (BATS.L) , opens new tab announced the launch of the sticks, made from nicotine-infused substances like rooibos tea, late last year as a way to counter an incoming European Union ban on flavoured heated tobacco products. The European Commission said it was currently evaluating EU tobacco laws and any changes would be subject to the findings of that effort, public consultation and an impact assessment. But, already, authorities in Latvia, Lithuania and Croatia are looking to introduce stronger regulations to govern the products, officials from the three countries told Reuters. In Latvia, a draft bill would classify the zero-tobacco sticks as tobacco substitutes and subject to related controls, as well as a ban on all flavours except for tobacco from 2025, a health minis
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News
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- Philip Morris International Inc. (NYSE:PM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Philip Morris International Inc. (NYSE: PM) had its price target raised by analysts at Stifel Nicolaus from $108.00 to $115.00. They now have a "buy" rating on the stock.MarketBeat
PM
Earnings
- 4/23/24 - Beat
PM
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 144
- PM's page on the SEC website