Philip Morris International began selling its IQOS heated tobacco device in Austin, Texas on Thursday for $60 a piece, an ...

Philip Morris (PM) wants to convert customers to heated tobacco products with a new launch in Texas. The tobacco company has ...

Philip Morris now makes 40% of its revenue from next-gen, smoke-free products. Altria is seeing cigarette shipments rapidly decline, and is betting on Njoy to drive its growth in the future.

Zyn is far more profitable for Philip Morris per unit than its worldwide cigarettes are, and as such, Philip Morris's margins and sales should both increase over time. From a recent Barron's piece ...

LONDON (Reuters) -Philip Morris International officially launched IQOS in Austin, Texas, on Thursday, kicking off efforts by the world's largest cigarette maker to build a market for its flagship ...