One of the successor companies of the old maker of Marlboro cigarettes has gone big in smokeless as smoking has declined globally, most recently with a nicotine pouch from Sweden called Zyn.

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Philip Morris is reportedly seeking over $1 billion for its U.S. cigar business, acquired through its $16 billion Swedish Match deal. Smoke-free products currently account for 40% of Philip Morris ...

Philip Morris is seeking over $1 billion for the cigar business, they said. Deliberations are ongoing and there’s no certainty they’ll lead to a sale, the people said, asking not to be ...

Philip Morris surged 66% in the past year, outperforming even Nvidia amidst a market shift towards quality investments. Read ...

Philip Morris International is evaluating the sale of its US cigar business, a move aligning with its major transition towards smoke-free offerings, which may have driven its shares up 20% over ...

Investors with a lot of money to spend have taken a bullish stance on Philip Morris Intl (NYSE:PM). And retail traders should know. We noticed this today when the positions showed up on publicly ...