How Zyn Took Over America [Forbes]
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
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Source: Forbes
The highly addictive stimulant is making billions, but is it good for anyone other than PMI? By Will Yakowicz , Forbes Staff A long the Ohio River, inside a clean, well-lit factory in Owensboro, Kentucky, dozens of gleaming stainless-steel machines, manned by employees in hair nets and safety glasses, churn out millions of tiny, pillow-shaped white fabric pouches filled with flavored pharmaceutical-grade nicotine powder. Every 15 seconds, 24 hours a day, five days a week, these automated machines fill a white plastic can the size of a hockey puck with 15 pouches. In a few days' time, containers of the wildly in-demand Zyn will appear in convenience stores, gas stations and bodegas across the United States. And a few days after that, the shelves will be reliably empty and retailers will be begging Philip Morris International, which owns Zyn's manufacturer, Swedish Match, for more. Elizabeth Leary, who has managed River's Edge Tobacco Outlet in Owensboro for a decade, says
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News
- Philip Morris International Inc. (NYSE: PM) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $126.00 to $140.00. They now have a "buy" rating on the stock.MarketBeat
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- Molex to acquire drug device company Vectura [Yahoo! Finance]Yahoo! Finance
- Marlboro owner sells UK inhaler firm over backlash [Yahoo! Finance]Yahoo! Finance
PM
Earnings
- 7/23/24 - Beat
PM
Sec Filings
- 9/17/24 - Form 8-K
- 9/12/24 - Form 8-K
- 9/3/24 - Form 8-K
- PM's page on the SEC website