Wall Street is asking how weight-loss drugs will affect consumer giants — but it may be too early to tell

[ad_1] A worker organizes cans of PepsiCo Inc. soda on a shelf inside a grocery store in Phoenix, Arizona, U.S., on Thursday, July 6, 2017. PepsiCo Inc. is scheduled to…

Marlboro maker Philip Morris reports revenue miss, but strong sales of cigarette alternatives

[ad_1] Philip Morris International’s Marlboro brand cigarettes are arranged for a photograph in Shelbyville, Kentucky, on Oct. 2, 2015. Luke Sharrett | Bloomberg | Getty Images Philip Morris International on…

Philip Morris considers selling stake in pharmaceuticals unit to boost health-care division

[ad_1] A Vectura Group logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Philip Morris International is considering selling…

British American Tobacco finalizes Russia exit with sale to local managers

[ad_1] British American Tobacco has finalized its exit from Russia about 18 months after it pledged to do so in the wake of Moscow’s invasion of Ukraine. The multinational cigarette maker…

Goldman Sachs upgrades Philip Morris, cites expansion in U.S. with smoke-free alternatives

[ad_1] An expansion into the U.S. makes tobacco company Philip Morris International a buying opportunity for investors, according to Goldman Sachs. Analyst Bonnie Herzog upgraded shares to buy from neutral,…

Stocks making the biggest moves midday: Norwegian Cruise Line, Allstate, Roblox and more

[ad_1] A Norwegian Gateway cruise ship leaves from the Manhattan port during sunset in New York City, United States on April 10, 2022. Tayfun Coskun | Anadolu Agency | Getty…

Stocks making the biggest moves before the bell: Roblox, Discover, Chegg and more

[ad_1] A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021.…

Jefferies upgrades Philip Morris, says shares can rise nearly 20% on smokeless alternatives

[ad_1] It’s time to buy Philip Morris International as the Marlboro maker shifts to smokeless alternatives, according to Jefferies. Analyst Owen Bennett upgraded shares of the tobacco company to buy…