Major benchmarks declined on Thursday as President Trump criticized the Federal Reserve for its continued interest rate increases, seemingly shunning the White House's traditionally hands-off approach with the U.S. central bank and shifting attention away from a mostly positive start to corporate earnings season.But several individual stocks pulled back harder than most, including Scholastic (NASDAQ: SCHL), American Express (NYSE: AXP), and Philip Morris (NYSE: PM).
Similar Stories to Why Scholastic, American Express, And Philip Morris Slumped Today on Bing News
newsfeedback@fool.com (Steve Symington), The Motley Fool
Thu, 07/19/2018 - 2:29pm
BING NEWS:
- Philip Morris continues gains for seven straight sessions, stock nears 52-week high
Philip Morris International (NYSE:PM) shares continued gains for seventh straight sessions, as the stock closed 1.2% higher at $99.46 on Thursday. The Stamford, Connecticut-based tobacco company ...
05/9/2024 - 10:12 am | View Link - Philip Morris: Big Nicotine Winner Rarely Comes Cheap
Despite the pullback after the recent FQ1'24 earnings call, Philip Morris has quickly recovered. Here's why we are maintaining our Buy rating on PM stock.
05/9/2024 - 9:00 am | View Link - How Philip Morris quietly secured major stake in Egypt tobacco market with IMF-led privatisation
Egypt is one of the world’s few growing cigarette markets. Experts warn privatisation will drive up tobacco consumption.
05/8/2024 - 3:00 am | View Link - Philip Morris Enters Egypt Market Following Disputed Tender
Swiss tobacco giant Philip Morris International (PMI) obtained a stake in a company that won a disputed license to make and market cigarettes in Egypt, one of the world’s most desirable tobacco ...
05/7/2024 - 11:00 am | View Link - Philip Morris Stock (NYSE:PM): Strong Q1 Results to Fuel Gains
Philip Morris’ Q1 results set the stage for a robust FY2024. The company saw growth across all segments, with total revenues rising 9.7% year-over-year to $8.8 billion. In constant currency, revenues ...
05/1/2024 - 11:18 am | View Link - More
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