The U.S. Food and Drug Administration said on Friday it had authorized ​11 nicotine pouch products recently launched ‌by Philip Morris , citing lower levels of harmful constituents compared with other oral and smokeless ​tobacco products.

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (NYSE: PM) today announces that the U.S. Food and Drug Administration (FDA) issued Marketing Granted Orders to PMI's U.S. affiliate, Swedish Match USA, Inc., authorizing the marketing of 11 ZYN ULTRA moist oral nicotine pouch products, including all 9mg variants and one 11mg variant. Additional 11mg variants remain under scientific review. Today's action further enhances PMI's leadership role in the smoke-free category. “We are del.

Asahi Life Asset Management CO. LTD. acquired a new position in shares of Philip Morris International Inc. (NYSE: PM) during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,464 shares of the company's stock, valued at approximately $808,000. A

B. Metzler seel. Sohn and Co. AG acquired a new stake in shares of Philip Morris International Inc. (NYSE: PM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 47,342 shares of the company's stock, valued at approximately $8,565,000. A

Bank of New York Mellon Corp increased its stake in shares of Philip Morris International Inc. (NYSE: PM) by 30.9% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,669,878 shares of the company's stock after purchasing an additional 2,755,662

BlackRock Inc. raised its position in Philip Morris International Inc. (NYSE: PM) by 0.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,039,522 shares of the company's stock after purchasing an additional 444,449 shares during the quarter. BlackRock Inc. owned 6.93%

Beverly Hills Private Wealth LLC decreased its stake in shares of Philip Morris International Inc. (NYSE: PM) by 48.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,510 shares of the company's stock after selling 27,611 shares

Some companies print so much cash that they have nowhere to spend it.

Blueprint Investment Partners LLC acquired a new position in Philip Morris International Inc. (NYSE: PM) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,891 shares of the company's stock, valued at approximately $2,151,000. Other hedge funds and other institutional investors also

BCGM Wealth Management LLC boosted its position in shares of Philip Morris International Inc. (NYSE: PM) by 15.5% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,288 shares of the company's stock after purchasing an additional 4,194 shares during the period.