Skip to main content  New heat-not-burn cigarette alternative coming to Canada by end of the year Weeklyvoice Nihar enter your email address to receive all latest news from our website.1 month 2 weeks ago Exercise now to keep bones... 1 month 3 weeks ago Blood group may predict risk... 1 month 3 weeks ago Smartphone controlled cells... 1 month 3 weeks ago Muscular Dystrophy case... 1 month 3 weeks ago New eye test may detect early...MORE FROM WEEKLY VOICE health From Fat to Fab How Adnan Sami Came Down... health Drinking Italian Style Coffee May Cut Risk... health Does Parkinsons Disease Start in Gut... © Copyright 2016. × Weekly Voice RadioPrice movement Philip Morris International (PM) has a market cap of $137.0 billion.It fell 2.6% to close at $88.28 per share on November 30, 2016.The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.9%, -8.5%, and 3.6%, respectively, on the same day.

PM is trading 3.7% below its 20-day moving average, 6.9% below its 50-day moving average, and 8.6% below its 200-day moving average.Don't miss the next report.Sign Up Receive e-mail alerts for new research on PM Success!You are now receiving e-mail alerts for new research.A temporary password for your new Market Realist account has been sent to your e-mail address.has been added to your Ticker Alerts.Subscriptions can be managed in your user profile.Related ETF and peers The iShares Russell Top 200 Value ETF (IWX) invests 2.0% of its holdings in Philip Morris.The YTD price movement of IWX was 10.6% on November 30.The market caps of Philip Morris’s competitors are as follows: Altria Group (MO) — $124.7 billion Reynolds American (RAI) — $77.1 billion Vector Group (VGR) — $2.7 billion Latest news on PM On November 30, 2016, Reuters reporter Martinne Geller noted, “Philip Morris International, the world’s largest international tobacco company, could eventually stop selling cigarettes, its chief executive told the BBC on Wednesday, as it launched its alternative product IQOS in the UK market.” The report added, “The company’s IQOS smokeless cigarette which is already on sales in over a dozen markets including Japan, Switzerland, and Italy, heats tobacco enough to produce a vapour without burning it.

The company believes that makes it much less harmful than cigarettes.” Performance of Philip Morris in 3Q16 Philip Morris (PM) reported 3Q16 net revenues of $19.9 billion, a rise of 2.6% over its 3Q15 net revenues of $19.4 billion.Excluding excise taxes, net revenues from the European Union and Asia rose 3.6% and 7.7%, respectively, between 3Q15 and 3Q16.Philip Morris’s net revenues from the EEMA (Eastern Europe, the Middle East, and Africa) region and Latin America and Canada fell 4.0% and 11.7%, respectively, between 3Q15 and 3Q16.Its cigarette shipment volume in the EEMA region, Asia, and Latin America and Canada fell 5.4%, 9.0%, and 8.0%, respectively.Its cigarette shipment volume in the European Union rose 0.44%.The company’s gross profit margin and operating margin fell 60 basis points and 30 basis points, respectively, between 3Q15 and 3Q16.Its net income fell to $1.938 billion in 3Q16 from $1.942 billion in 3Q15.It reported EPS (earnings per share) of $1.25 in 3Q15 and 3Q16 and adjusted EPS excluding currency of $1.29 in 3Q16, a rise of 4.0% over 3Q15.

PM’s cash and cash equivalents rose 42.9% between 4Q15 and 3Q16.The company reported free cash flow excluding currency of $3.0 billion in 3Q16, a rise of 22.7% over 3Q15.EPS projection For 2016, Philip Morris (PM) has projected EPS in the range of $4.53–$4.58 at current exchange rates, not including share repurchases.This projection also excludes the impact of any future acquisitions, future changes in currency exchange rates, unanticipated asset impairment and exit cost charges, and any unusual events.nemesis vape clone reviewNext, we’ll look at Delphi Automotive (DLPH).cheap pax vaporizer for salePlease select a profession that best describes you: Individual Investor Business Executive Wirehouse Financial Advisor RIA Institutional Investor For Market Realist updates, enter your email below Thank you!vaporizer prices at walmart

Few industries are as vilified as Big Tobacco, and for good reason — its products are the single largest cause of cancer, and are behind a host of other diseases that kill with abandon.But the sector’s number-one player — Philip Morris International (PMI) — is trying to shed that image with a surprising new PR offensive that foresees a “smoke-free” future for the firm, a time when it quits selling cigarettes.e cigarette shop talbot street dublinTobacco corporations, of course, have a long history of trying to manipulate public opinion, often by minimizing the hazards of smoking.vaporizer kitchenerBut there may be at least a smidgen of substance to the campaign launched late last month — even if Philip Morris continues for now to sell billions of cigarettes a year.vaporizer correct temperature

The company’s new approach is based not on denying the habit is deadly, but on promoting new products designed to give customers a hit of nicotine while leaving out the disease-triggering chemicals.Those alternatives include e-cigarettes and something called iQOS, which heats up tobacco but doesn’t burn it and produce toxic smoke.“Our vision … is that these products will one day replace cigarettes,” Philip Morris says on its overhauled website.iqos countriesRothman’s Benson and Hedges, PMI’s Canadian subsidiary, is fully on board with that vision — “to eventually eliminate cigarette usage, eliminate smoking,” managing director Peter Luongo told the National Post.iqos vs electronic cigarette“And we are going to do everything in our power to make that a reality.” The company hopes smoke-free alternatives will take market share away from rivals, he acknowledged, but also feels it has a “moral responsibility” to offer them.iqos launch in canada

Most anti-smoking advocates are understandably skeptical.Despite the pledge, Philip Morris not only continues to sell more cigarettes than anyone else, it advertises tobacco in places where that’s allowed, and actively opposes government curbs on tobacco use, noted Rob Cunningham of the Canadian Cancer Society.“It’s their latest public-relations effort and it’s without credibility,” he said of the PMI project.“As they have for decades, they’re engaging in double-speak.” Some anti-smoking campaigners, however, are not so quick to discount the company’s lofty declarations.Whatever PMI’s motives, the plan is a “huge opportunity” to transform the market, and should be cautiously embraced — not rejected because of Big Tobacco’s sins, argues David Sweanor, a lawyer with the University of Ottawa’s Centre for Health Law, Policy and Ethics.Taxes could be increased on cigarettes, for instance, as smoke-free options grow in popularity, making the devices more competitively priced and speeding along the transition, he said.

If governments implement such policies “we get a revolution,” Sweanor predicted.“There are lots of reasons to believe it can be done, it’s a matter of, ‘Do we facilitate it?’” Pippa Beck, a senior policy analyst with the Non-smokers Rights Association, agreed that PMI’s campaign is an opportunity to exploit, though very carefully.“We can be cynical and dismiss it as nothing more than a PR ploy, but I think we’d be doing ourselves a disservice,” she said.Underpinning the new public-relations blitz is the $2 billion that PMI says it has invested in new technology.The showcase item is the iQOS, similar to e-cigarettes but touted as offering an experience closer to smoking.The pen-shaped device heats the tobacco to just one-third the temperature reached by burning it in a cigarette.Users get the taste, the nicotine to feed their addiction but almost none of the dangerous compounds, says PMI.In Japan, a million smokers have switched to the iQOS, leaving PMI struggling to keep up with demand.

The product has been introduced in B.C., Alberta and Ontario since the new year, said Luongo.Meanwhile, British-American Tobacco, another industry giant, has developed a similar device, soon to hit the market.But as the business pays lip-service to smokeless alternatives, even Philip Morris has yet to indicate when — if ever — it will actually stop selling tobacco, noted Neil Collishaw, research Director, Physicians for a Smoke-Free Canada.“After several decades watching these guys operate, I’m compulsively suspicious,” he said.Collishaw suggests the government force tobacco companies to reduce sales of cigarettes as new alternative products are introduced, rather than wait for people to organically make the switch.Rothman’s would support something less draconian — taxes that are set according to a product’s risk — and wants the right to advertise the relative health advantages of iQOS, said Luongo.But asked if he expected to see the company stop selling cigarettes under his watch, or in his lifetime, the executive was non-committal.