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One of the successor companies of the old maker of Marlboro cigarettes has gone big in smokeless as smoking has declined ...

Philip Morris International (PM ... Despite this shift, the company’s traditional cigarettes, particularly the Marlboro brand, remain a key revenue driver. However, a decline in smoking rates ...

Philip Morris International Inc. is exploring a potential sale of its cigar business in the US, people familiar with the matter said, as the tobacco maker continues its shift toward smoke-free ...

Jeremy Siegel's book, 'Stocks for the Long-run' takes a look at the best performing stock in the last 8 decades. When ...

Philip Morris International's shift to smoke-free products impacts revenue, margins, and valuation. Click here to read an ...

Despite its legacy brands like Marlboro and Parliament, Philip Morris is increasingly focused on alternatives such as IQOS, its heated tobacco product, which overtook Marlboro in sales last year ...

Although still known for its famous cigarette brands including Marlboro and Parliament, Philip Morris is trying to reduce its reliance on traditional tobacco-based products. Chief Executive Jacek ...