Philip Morris stock rises on FDA’s first nicotine pouch approval
Investing.com — Shares of Philip Morris International Inc. (NYSE:PM) rose 1% following the U.S. Food and Drug Administration’s (FDA) authorization of 20 ZYN nicotine pouch products for marketing. The FDA’s decision, based on an extensive scientific review, marks the first
Citi rates Southwest stock sell, says earnings quality declining
Investing.com — Citi downgraded Southwest Airlines (NYSE:LUV) Co. to “Sell” from “Neutral” on declining earnings quality and weaker cash flow conversion compared to pre-pandemic levels. The brokerage also reduced its price target to $29.50 from $31.50. “As US network airlines enjoy positive
Moody’s says LA fire may pose risk to Southern California Edison
NEW YORK (Reuters) – The Eaton (NYSE:ETN) Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s
Trump mulls executive order to keep TikTok afloat amid legal ban
Investing.com — President-elect Donald Trump is contemplating an executive order to permit TikTok to continue operations in the United States, despite a looming legal ban, according to a report by the New York Times (NYSE:NYT). The potential executive
Cuba releases jailed dissident, rights activist Jose Daniel Ferrer
HAVANA (Reuters) – Cuban dissident Jose Daniel Ferrer told Reuters on Thursday he had been released from jail and was at home, part of a Cuban government plan negotiated with the Vatican to release upwards of 500 prisoners from the