- TheStreet.com•11 hours ago
Other Asian countries could follow the Philippines' lead; the ban is the latest example of increasingly tight regulations on smoking worldwide.
British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. The cash-and-stock deal would mark the return of BAT to the lucrative and highly regulated U.S. market after a 12-year absence, making it the only tobacco giant with a leading presence in American and international markets. BAT shares closed down almost 2.9 percent, while Reynolds was up almost 7 percent in afternoon trading in New York.
Philip Morris International, Inc. (PM)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||96.17 x 200|
|Ask||96.46 x 100|
|Day's Range||95.80 - 97.29|
|52wk Range||83.27 - 104.20|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||23.04|
|Avg Vol (3m)||4,079,341|
|Dividend & Yield||4.16 (4.35%)|