Latest Articles
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Philip Morris International’s Second Quarter Earnings Rise on Pricing Gains, Slower Volume Decline
Philip Morris International (NYSE:PM) reported higher second quarter earnings on July 17, as a result of pricing gains and slower decline in sales volume. Despite significant currency headwinds, the company reported an 8.5% year-on-year jump in e...
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Lower Volumes, Higher Taxes And Stronger U.S. Dollar To Weigh On Philip Morris International’s Second Quarter Earnings
Philip Morris International (NYSE:PM) is set to report its 2014 second quarter earnings on July 17. We expect continued sales volume pressure, currency headwinds, and other charges to weigh on the company’s results. We believe that Philip M...
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What’s Driving Our Valuation Estimate For Philip Morris International’s European Union Operations
Philip Morris International’s (NYSE:PM) is a leading international tobacco company with its products sold in more than 180 countries worldwide. Until its spin-off in March 2008, it was an operating company of Altria Group (NYSE:MO). Excluding th...
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Philip Morris Revised To $79 On Unfavorable Currency, Regulatory Headwinds
Philip Morris International’s (NYSE:PM) first quarter earnings declined due to unfavorable foreign currency fluctuations and lower sales volume. The company sold 196 billion cigarettes during the quarter, down 4.4% year-on-year. Its diluted...
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Philip Morris Finds Its Footing In The Electronic Cigarette Industry
Submitted by Roger Hannington as part of our contributors program . Philip Morris Finds Its Footing In The Electronic Cigarette Industry In November last year, Philip Morris International ( PM ), maker of Marlboro brand cigarette, announced it...
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Philip Morris Earnings Preview: Regulatory Headwinds Continue To Challenge Growth
Philip Morris International (NYSE:PM) is set to report its 2014 first quarter earnings on April 17. We expect the company’s deteriorating market share in the Philippines, where a sharp hike in indirect taxes implemented last year disrupted ...
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Growth In Tobacco Shipments To Australia Reflects Minimal Impact Of The Plain Packaging Law
The implementation of plain packaging requirements by the Australian government in 2012 was seen as a big set back for the tobacco industry. This was not because of its potential impact on cigarette consumption in Australia, since it is a relativ...
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Philip Morris International Ends A Challenging Year With No Clear Signs Of Turnaround
Philip Morris International (NYSE:PM) posted modest earnings growth in 2013, as continued decline in sales volume and stronger U.S. Dollar significantly impacted its results. The company’s full-year diluted earnings per share (EPS) adjusted...
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Philip Morris Bets Big On Its “Reduced-Risk” Products
Philip Morris International (NYSE:PM) recently announced that it would be spending almost $700 million over the next couple of years on constructing a new manufacturing facility and an associated pilot plant in Italy. These facilities would produ...
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Philip Morris International In 2013: A Tough Year In Review
Philip Morris International (NYSE:PM) has had a tough 2013. The company’s stock price has remained relatively flat year-to-date while the S&P 500 has gained more than 20%. It has been hurt the most by lower shipment volume due to macroe...
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Philip Morris International Turns To E-Cigarettes On Declining Demand For Traditional Ones
Philip Morris International (NYSE:PM) recently guided for a slower earnings growth rate next year due to higher investments in the commercialization of e-cigarettes and other lower health risk products, as the company expects sales volume of tra...
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19 Cheap Dividend Stocks With Huge Potenital To Join The Group Of Long-Term Dividend Growers
Submitted by Dividend Yield as part of our contributors program . 19 Cheap Dividend Stocks With Huge Potenital To Join The Group Of Long-Term Dividend Growers Dividend growth stocks on the move to become a real long-term dividend grower orig...
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Philip Morris Lights Up Earnings Growth On Pricing Gains Despite Lower Volumes
Philip Morris International (NYSE:PM) reported higher third quarter earnings this Thursday, as it was able to more than offset the continued decline in sales volume through improved pricing. Despite significant currency headwinds, the company rep...
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Philip Morris’ Earnings Face Headwinds From Anti-Tobacco Measures, Strengthening U.S. Dollar
Philip Morris International (NYSE:PM) is set to report its third quarter earnings on October 17. We expect the results to be negatively impacted by lower volumes from Philippines where a sharp hike in indirect taxes implemented earlier this year ...
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Spin-Offs: The Best Way to Beat the Market Every Year
Submitted by Wall St. Daily as part of our contributors program Although politicians have gone from unofficially doing nothing to officially doing nothing, we’re still here plugging away. Same as it ever was. Our mission? To help you avoid unn...
