Latest Articles
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Philip Morris Q3 Earnings Preview: Innovations Could Aid Revenues Even As Currency Headwinds Persist
Global tobacco house, Philip Morris International (NYSE:PM), is set to report fiscal third quarter earnings on October 15. In spite of disturbances across a number of mature and emerging markets, the company managed to post strong results in the ...
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Philip Morris: Will The Source Of Strength Be Strong Enough?
Global tobacco giant, Philip Morris International (NYSE:PM) is known to provide generous returns to its shareholders. However, the industry is plagued with numerous problems, right from grappling with falling volumes to dealing with constant reg...
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Can Defensive Stocks Defend Themselves Against The Stir In Emerging Markets?
Many firms of late have been targeting the emerging world to achieve growth, and until very recently, this strategy was very well justified. With GDP growing at a double digit rate in countries across Asia, Africa, and Latin America, sales flouri...
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Philip Morris: Impact Of A Sudden Excise Hike In Asia
Philip Morris International (NYSE:PM) is a global tobacco manufacturer, selling in over 200 countries. Since 2009, the maker of Marlboro has managed to deliver modest increases in revenues in spite of difficult economic situations in some markets...
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Are Tobacco Houses On Their Way To Hitting A Tipping Point Anytime Soon?
Tobacco stocks are often called “defensive stocks,” in that they tend to pay reasonable dividends irrespective of business cycle fluctuations. Historically, the tobacco business is considered to be one that generates a lot of cash, wh...
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Philip Morris Earnings Review: Strong Q2 Results Although Currency Headwinds Persist
Global tobacco giant, Philip Morris International (NYSE:PM), reported Q2 2015 earnings on July 16. Post a stellar currency neutral performance in Q1, the company raised their full year EPS forecasts by $0.05, and Q2 did not disappoint. In the qu...
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Philip Morris Earnings Preview: Positive Results Expected But Currency Headwinds Might Weigh In
Global tobacco giant, Philip Morris International (NYSE:PM), is set to report Q2 2015 earnings on July 16. In spite of unfavorable exchange rate movements, the tobacco house managed to deliver solid results in Q1, with net revenues increasing 9.1...
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Tobacco Stocks Too Expensive to Provide Safety
Submitted by Wall St. Daily as part of our contributors program Tobacco Stocks Too Expensive to Provide Safety By Alan Gula, Chief Income Analyst So much for the summer doldrums . . . The Chinese stock market has crashed. Greece’s o...
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Philip Morris: Future Prospects and Pressure From Headwinds
Since 2009, Philip Morris International (NYSE:PM) has managed to deliver modest increases in revenues (see Figure 1) predominantly driven by market share gains and pricing. Although we expect the company to continue maintaining its revenues, a nu...
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Three Factors That Could Positively Impact Philip Morris International
Philip Morris International (NYSE:PM) is a global tobacco manufacturer, selling in over 200 countries. In spite of difficult economic situations in some markets, increasing regulatory control over the sale of tobacco products, currency headwinds,...
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Philip Morris International Q1 2015 Earnings Report
Philip Morris International (NYSE:PM) recently reported its first quarter 2015 results; below we discuss the company’s market share changes in its three key regions and the results from the test launch of its reduced risk products. The EEMA...
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Philip Morris Earnings: Currency Impact, Regional Challenges Weigh On Results
Philip Morris International’s (NYSE:PM) fourth quarter and full year 2014 earnings gave an indication of the company’s uncertain situation. Currency fluctuations took a large chunk out of the revenues, and there was significant varian...
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Philip Morris International Q4 2014 Earnings Preview
In our pre-earnings report on Philip Morris International (NYSE:PM), we focus on its largest markets and some high impact expense items. Markets such as Russia, Europe, Latin America and South-East Asia helped drive the company’s performanc...
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The Impact Of Currency Fluctuations On Philip Morris
Philip Morris International ‘s (NYSE:PM) earnings are impacted significantly by foreign currency fluctuations. The company reports its earnings in dollars, but earns its income all over the world. In this article we take a look at the tren...
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Philip Morris’ 2014 In Review Part 2: Regulatory Challenges
In a recent note, we discussed Philip Morris International ‘s (NYSE: PM) 2014 performance, specifically related to the reduced-risk product category. In this note, we take a look at the company’s dealings with various national and in...
