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Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517924433?lang=en_us&edition=fundamental","pubTime":"2025-03-07 21:50","pubTimestamp":1741355420,"startTime":"0","endTime":"0","summary":"Philip Morris International  said Friday that its de-consolidated Canadian affiliate, Rothmans, Benson & Hedges, has had its plan of compromise and arrangement approved by a Canadian court.The company said the plan resolves all tobacco-related claims and litigation in Canada against Rothmans, Benson & Hedges, and its affiliates, including Philip Morris International.The resolution, also approved for Imperial Tobacco Canada and JTI-Macdonald, involves a global settlement of 32.5 billion Canadian dollars , the company said.Philip Morris International said the settlement will be funded through an upfront payment based on available cash and cash equivalents, plus annual payments based on the companies' net after-tax income.Rothmans, Benson & Hedges will retain $CA750 million for its discretion and will be released from claims related to its combustible and smokeless tobacco products prior to the effective date of the plan, it 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Big-Tobacco Settlement Finalized, Ending Decades-Long Litigation","url":"https://stock-news.laohu8.com/highlight/detail?id=2517436125","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517436125?lang=en_us&edition=fundamental","pubTime":"2025-03-07 21:47","pubTimestamp":1741355220,"startTime":"0","endTime":"0","summary":"Philip Morris's Canadian affiliate, Rothmans, Benson & Hedges, along with other major tobacco brands, will pay 32.5 billion Canadian dollars  to settle all smoking-related lawsuits in Canada.The Stamford, Conn., tobacco major said Friday that the allocation of the settlement amount between its unit and those of British American Tobacco and Japan Tobacco has been resolved. The massive sum will be paid over time, with some money coming from profit on traditional tobacco products.For Philip Morris, the court in the Creditors Arrangement Act proceeding approved a plan of compromise and arrangement for Rothmans, Benson & Hedges that will allow it to retain C$750 million in accumulated cash.The settlement, which will be funded through upfront payments and a share of future profits from traditional tobacco products, allows the affiliates to keep alternative nicotine products--such as e-cigarettes and heated tobacco--outside of the agreement.The long-running case began in 1998 and went to 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Approves CCAA Plans To Resolve Tobacco Product-Related Claims And Litigation In Canada","url":"https://stock-news.laohu8.com/highlight/detail?id=2517438203","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517438203?lang=en_us&edition=fundamental","pubTime":"2025-03-07 21:35","pubTimestamp":1741354559,"startTime":"0","endTime":"0","summary":"BRIEF-Court Approves CCAA Plans To Resolve Tobacco Product-Related Claims And Litigation In CanadaMarch 7 (Reuters) - Philip Morris International Inc PM.N:COURT APPROVES CCAA PLANS TO RESOLVE TOBACCO 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Morris announces CCAA plans to resolve claims, litigation in Canada","url":"https://stock-news.laohu8.com/highlight/detail?id=2517748004","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517748004?lang=en_us&edition=fundamental","pubTime":"2025-03-07 21:16","pubTimestamp":1741353363,"startTime":"0","endTime":"0","summary":"Philip Morris (PM) has been informed by its deconsolidated Canadian affiliate, Rothmans, Benson & Hedges Inc., that the court in RBH’s companies’ 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Morris International Inc - Court Approves Similar Plans for Itl and Jtim","url":"https://stock-news.laohu8.com/highlight/detail?id=2517877514","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517877514?lang=en_us&edition=fundamental","pubTime":"2025-03-07 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Morris International Inc - Plan Will Resolve All Tobacco Claims Against Rbh and PMI","url":"https://stock-news.laohu8.com/highlight/detail?id=2517848779","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517848779?lang=en_us&edition=fundamental","pubTime":"2025-03-07 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Morris: Under Resolution Contemplated by Plan, Rbh, Itl and Jtim Will Pay an Aggregate Global Settlement Amount of CAD 32.5 Bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2517753487","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517753487?lang=en_us&edition=fundamental","pubTime":"2025-03-07 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Approves Ccaa Plans to Resolve Tobacco Product-Related Claims and Litigation in Canada","url":"https://stock-news.laohu8.com/highlight/detail?id=2517211487","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517211487?lang=en_us&edition=fundamental","pubTime":"2025-03-07 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Morris:  Rothmans, Benson & Hedges Will Be Free to Deal in Its Sole Discretion With Rbh Retained Amount of CAD 750 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2517048773","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517048773?lang=en_us&edition=fundamental","pubTime":"2025-03-07 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Approves CCAA Plans to Resolve Tobacco Product-Related Claims and Litigation in Canada","url":"https://stock-news.laohu8.com/highlight/detail?id=2517820480","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517820480?lang=en_us&edition=fundamental","pubTime":"2025-03-07 21:00","pubTimestamp":1741352400,"startTime":"0","endTime":"0","summary":"Philip Morris International Inc.  has been informed by its deconsolidated Canadian affiliate, Rothmans, Benson & Hedges Inc. , that the court in RBH’s Companies’ Creditors Arrangement Act  proceeding has approved a plan of compromise and arrangement for RBH . The Plan, as approved, will resolve all tobacco product-related claims and litigation in Canada against RBH and its affiliates, including PMI. The court also approved substantially similar plans for Imperial Tobacco Canada Limited and Imperial Tobacco Company Limited  and JTI-Macdonald Corp. .After years of mediation to resolve long-pending tobacco product-related litigation in Canada, PMI is pleased that this legal process will now draw to a close, allowing RBH and its stakeholders to focus on the future.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/court-approves-ccaa-plans-resolve-130000290.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1043141123.HKD","LU1066051225.USD","LU0690374961.EUR","LU1228905540.USD","SG9999011175.SGD","LU1506573853.SGD","GB00B4QBRK32.GBP","LU0314106906.USD","LU1066051811.HKD","BK4075","GB00B4LPDJ14.GBP","LU0738911758.USD","SG9999003800.SGD","LU1043141396.HKD","LU1066051498.USD","BK4566","LU1066053197.SGD","SG9999001440.SGD","LU2404859667.USD","LU0426412945.USD","LU1228905037.USD","LU0994945656.USD","PM","LU2404859741.USD","LU0426417589.USD","LU0949170772.SGD","BK4585","BK4588","LU0545562505.USD","LU1121112475.USD","LU0661504455.SGD","LU0690374615.EUR"],"gpt_icon":0},{"id":"2517445111","title":"3 Stocks to Buy for Post-Earnings Momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=2517445111","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517445111?lang=en_us&edition=fundamental","pubTime":"2025-03-07 08:27","pubTimestamp":1741307220,"startTime":"0","endTime":"0","summary":"The 2024 Q4 earnings season is slowly winding down, with over 98% of S&P 500 companies already delivering quarterly results.And throughout the period, several stocks, including Philip Morris PM, Meta Platforms META, and Netflix NFLX, all posted results that had shares up nicely post-earnings. For those interested in post-earnings momentum, let’s take a closer look at each report.Philip Morris shares have benefited nicely from its latest set of better-than-expected results, with EPS growing 14% alongside a strong 7% move higher in sales. Demand has remained strong for the tobacco titan, with product innovations remaining key for its future.Shares also provide a high level of passive income, currently yielding a market-beating 3.5% annually. Dividend growth has been rock-solid, with PM also holding the ranks of a Dividend King. Below is a chart illustrating the company’s dividends paid on an annual basis.Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/3-stocks-buy-post-earnings-002700904.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["POST","META","PM"],"gpt_icon":1},{"id":"2517905192","title":"10 Stocks That Could Gain as Dollar Weakens -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2517905192","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517905192?lang=en_us&edition=fundamental","pubTime":"2025-03-07 03:42","pubTimestamp":1741290120,"startTime":"0","endTime":"0","summary":"The U.S. dollar is falling fast, that could help provide a tailwind for multinationals that get a big share of their sales abroad.Fears of a tariff war have been taking a toll on the greenback. The U.S. dollar index, which measures the strength of the dollar against a basket of major currencies, has fallen 3.5% over the past four days, its worst four-day stretch since November, according to Dow Jones Markets Data.The dollar's decline against the Euro has been even more dramatic, with European common currency gaining 4.4% relative to the dollar.Investors can blame the U.S. retreat from European military leadership, combined with efforts to curtail U.S. government spending, both of which contrast with recent European efforts to bulk up defense spending, according to Macquarie analysts Thierry Wizman and Gareth Berry.The weaker dollar can be good news for investors who own international stocks, since it increases the value of foreign profits, when translated back into U.S. dollars. 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In this article, we are going to take a look at where Philip Morris International Inc.  stands against other best stocks to invest in from conservative stock portfolio.Latest reports indicate that hedge funds have been dumping the shares of technology and media companies at the fastest rate in the past six months. For those who mimic the investing strategy of hedge funds for maximum financial gains, this is cause for alarm. The dumping of tech and media firms by billionaires suggests that it is time for investors to consider pouring their money into more conservative stocks to balance portfolios against riskier growth options. These conservative stocks, also sometimes called blue-chip stocks, are well-established companies with a history of stable earnings, reliable dividends, and strong market positions. 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