IJR News — today's news from every side

IJR News — today's news from every side

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PMI, Altria forge U.S. cigarette manufacturing pact — Aug 24, 2026Philip Morris International announced a contract manufacturing arrangement with Philip Morris USA (Altria) through its non-U.S. affiliates, with first shipments targeted for early 2027, while PMI remains focused on a smoke-free future and does not plan to commercialize combustibles in the United States; both companies will operate independently with separate commercialization, distribution, and regulatory responsibilities, and the deal is not expected to materially affect PMI’s 2026 financial results. The arrangement is framed as leveraging each party’s manufacturing capabilities to support efficiency and strategic transition without altering U.S. market stance on combustibles.

Philip Morris Cuts Guidance Amid Zyn Challenges — Jul 22, 2026Philip Morris International is increasing investment in its Zyn nicotine pouches, launching new variants like Zyn Ultra to defend market share amid tougher competition, while still delivering a Q2 revenue beat. At the same time, the company trimmed its full-year profit guidance for a third time due to adverse currency effects and higher costs from the global environment.

Philip Morris Q2 2026 Hits; Maintains GuidanceFinance — Jul 19, 2026Old Mutual's 2024 interim results show double-digit profit growth and a higher dividend, signaling resilient demand for its insurance and investment products. Philip Morris International's stock remains propped by a growing contribution from smoke-free products like IQOS, offset by currency headwinds while investors monitor margins, cash generation, and upcoming earnings guidance.

UBS AM Increases Morgan Stanley Stake — Aug 30, 2026UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reported changes to its equity portfolios in five companies during the second quarter, including increases in Philip Morris International and Morgan Stanley, and a reduction in Corning Incorporated, The PNC Financial Services Group, and American Tower Corporation. The articles also note broad participation by other hedge funds and institutional investors adjusting positions across these stocks as part of wider market activity.

IJRSenators Reportedly Could Ditch Washington Early If They Fail To Make Permitting Reform DealNicole Silverio · 3 min · 2h