Philip Morris International (NYSE: PM) is scheduled to release its fourth-quarter earnings before market open on Friday, with investors keenly watching the tobacco giant's progress in its smoke-free product transition and financial resilience.
In a significant leadership transition, Wall Street legal powerhouse Paul, Weiss, Rifkind, Wharton & Garrison LLP announced the resignation of its long-time Chairman Brad Karp. Veteran corporate lawyer Scott Barshay has been named as his successor, signaling a potential strategic shift for the firm.
A Scottsdale woman is recovering from multiple stab wounds after an alleged assault by her 24-year-old daughter, who was found nude at the scene. The suspect faces charges including attempted murder.
Royal Philips is spearheading a significant European Union-backed consortium, PreciseOnco, aimed at advancing precision oncology through next-generation imaging and minimally invasive therapies. The move comes as the healthcare giant's stock performance draws mixed reviews from the market.
A Philippine House of Representatives committee has dismissed two impeachment complaints against President Ferdinand Marcos Jr., finding them insufficient in substance. The decision, backed by a majority vote, is expected to be upheld by the Marcos-loyalist dominated chamber.
In a candid discussion, Microsoft CTO Kevin Scott reflects on the breakneck pace of AI advancement, highlighting a growing 'capabilities overhang' where real-world applications struggle to keep up. He points to software development and looming demographic shifts as critical arenas for AI's impact, while cautioning against superficial use and infrastructure bottlenecks.
Investment firm Evercore ISI initiates coverage on Phillips Edison & Company with an Outperform rating, highlighting its portfolio of necessity-focused retail centers as a key strength in uncertain economic times.
The arrest of former President Nicolás Maduro has opened a potential pathway for Western oil firms to re-enter Venezuela's vast energy sector. ConocoPhillips, with billions in unresolved claims, is now carefully weighing the risks and rewards of a possible return, as the U.S. government encourages engagement.
ConocoPhillips shares have shown mixed signals recently, dipping over one day but holding longer-term gains. As the energy giant bets big on liquefied natural gas, investors are weighing its growth narrative against current valuation metrics and broader sector risks.
CEC Entertainment announces leadership transition, with Scott Drake succeeding David McKillips to steer the family entertainment giant's next phase of growth and international expansion.
ConocoPhillips shares have shown steady gains, yet a detailed financial analysis suggests a stark disconnect. Our valuation models indicate the stock may be trading at a substantial discount to its intrinsic value, raising questions about market sentiment versus fundamental potential.
CEC Entertainment, parent company of Chuck E. Cheese and Peter Piper Pizza, announces CFO Scott Drake will assume the CEO and president roles effective February 13, succeeding David McKillips as the 'eatertainment' giant accelerates its expansion plans.
Philip Morris International navigates a pivotal FDA review for its ZYN nicotine pouches, aiming for a marketing advantage in the smoke-free future. Wall Street analysts offer mixed ratings, highlighting the competitive pressures and strategic shifts defining the tobacco giant's investment profile.
A Wells Fargo upgrade highlights ConocoPhillips' robust cash flow trajectory and strategic projects, positioning the energy giant for significant dividend growth over the next five years.
Lawmakers in the Philippines are deliberating whether to advance impeachment complaints against President Ferdinand Marcos Jr., setting the stage for a political showdown that could test the stability of his administration.
While ConocoPhillips shares have lagged the broader market over the past year, analysts maintain a moderately bullish stance, betting on a rebound despite near-term earnings pressure from volatile energy prices.
Philadelphia District Attorney Larry Krasner faces mounting pressure and bipartisan condemnation after publicly threatening to 'hunt down' ICE agents, comparing them to Nazis. A Republican congressman has formally urged the Justice Department to open a criminal investigation into the remarks.
Despite OPEC+ maintaining production cuts, crude benchmarks fell sharply on Monday, pulling energy stocks like ConocoPhillips down with them as immediate fears of a supply disruption in the Persian Gulf subsided.
Shares of Philip Morris International have significantly outperformed the market over the past year, buoyed by its strategic shift towards reduced-risk products. While analysts remain broadly positive, recent downgrades signal growing caution about the pace of transformation and valuation.
Phillip Securities initiates coverage of Palantir Technologies with a Buy rating, citing its AI software segment's robust growth and significant market expansion potential. A new partnership with Innodata aims to enhance Palantir's rodeo analysis platforms through advanced data services.
