Why British American Tobacco's Big Shift Is So Important for High-Yield Investors [Yahoo! Finance]
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
Check Earnings Report
US:NYSE Investor Relations:
pmi.com/investor-relations/overview
Company Research
Source: Yahoo! Finance
Although it is a U.S. cigarette maker, it has a global footprint, which separates it from both Altria (NYSE: MO) , which only operates in the U.S., and Philip Morris International (NYSE: PM) , which sells cigarettes internationally but not in the U.S. market. British American Tobacco made a huge admission about the future of the U.S. cigarette market in 2023 that investors in tobacco stocks should not ignore. Here's what you need to know. British American Tobacco changed its accounting Although a somewhat complex topic, the issue here boils down to the accounting treatment of British American Tobacco's U.S. cigarette brands. Previously the company assumed that the brands would be around forever -- but now it has decided that, at some point, they will no longer exist. The company described the change as: ...with effect from 1 January 2024, Newport, Camel, Natural American Spirit and Pall Mall will be amortised on a straight-lined basis. Pall Mall will be amortised over a 20-yea
Show less
Read more
Impact Snapshot
Event Time:
PM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PM alerts
High impacting Philip Morris International Inc news events
Weekly update
A roundup of the hottest topics
PM
News
- Zyn Shortage? Nicotine Pouches Out of Stock in Several US States [BNN Bloomberg (Canada)]BNN Bloomberg
- 3 Tobacco Stocks Worth Watching Amid Industry Challenges [Yahoo! Finance]Yahoo! Finance
- e-Cigarettes Market Opportunities and Strategies to 2033: A $66.5 Billion Opportunity Dominated by Philip Morris Int'l, Altria Group, JUUL Labs, British American Tobacco, Japan Tobacco [Yahoo! Finance]Yahoo! Finance
- Step aside, Ozempic — Zyn is the new (delusional) weight-loss quick fix [Business Insider]Business Insider
- CEOs must navigate an upside-down world, where tariffs are rampant and tobacco companies are palatable again [Yahoo! Finance]Yahoo! Finance
PM
Earnings
- 4/23/24 - Beat
PM
Sec Filings
- 5/15/24 - Form SD
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- PM's page on the SEC website