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Philip Morris Reports Q4 Miss, Poor Guidance
Thursday, February 4, 2016 - 9:19am | 303Read More...Shares of Philip Morris International Inc. (NYSE: PM) were trading lower by nearly 2 percent early Thursday morning after the company reported its fourth quarter results. Philip Morris earned $0.80 per share in the fourth quarter on revenue of $6.4 billion. Wall Street analysts were expecting...
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7 Of The Most Hated Stocks In The Market
Thursday, March 6, 2014 - 5:31pm | 1913Read More...While some companies appear to do well no matter what, public perception can still play an important role in a company's long-term fortunes. Poor management, bad publicity, unpopular or outdated products and just plain nausea from a roller coaster economy can all erode investor confidence in a...
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Philip Morris Chokes on Unhealthy Earnings and Foul Guidance
Thursday, April 18, 2013 - 12:12pm | 486Read More...Philip Morris International (NYSE: PM) is down on Thursday after posting a weak first quarter and lackluster guidance. The New York City-based firm's EPS rose 2.4 percent year-over-year to $1.28. However, it fell short of the Wall Street consensus of $1.34. Revenue climbed 1.8 percent to $7.6...
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Philip Morris Cuts Earnings Forecast
Thursday, June 21, 2012 - 8:22am | 345Read More...Philip Morris (NYSE: PM), the largest publically traded tobacco company in the world, cut its earnings forecast Thursday as Marlboro cigarette sales abroad were hindered by the strength of the dollar. The news comes on the same day that the company announced plans to introduce a new, healthier...
