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Philip Morris Q1 Profit Declines On Costs, Cuts Full-year EPS View
Tobacco giant Philip Morris International Inc. ( PM ) Thursday reported a decline in first-quarter profit, reflecting higher costs. Meanwhile, earnings per share improved from last year. The company also lowered its full-year 2013 earnings outlook for pre
Apr 18, 2013
NASDAQ
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Apr 18, 2013 14:23
4
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Philip Morris Chokes on Unhealthy Earnings and Foul Guidance
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.
Apr 18, 2013
Benzinga.com
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Apr 18, 2013 14:22
7
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Philip Morris's CEO Discusses Q1 2013 Results - Earnings Call Transcript
so far it's early, but so far especially on the smoking, on consumption of cigarette in Australia, you don't really see, as expected, frankly speaking, any impact coming from the plain packaging, despite what was promised at the beginning
Apr 18, 2013
Seeking Alpha blog network
added
Apr 18, 2013 14:20
3
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Philip Morris Profit Trails Analysts’ Estimates
posted first-quarter earnings that fell more than analysts estimated (PM) as tax increases and economic weakness hurt shipments. Net income (PM) fell 1.7 percent to $2.13 billion, or $1.28 a share, from $2.16 billion, or $1.25, a year earlier, the New Yo
Apr 18, 2013
Business Week/Bloomberg
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Apr 18, 2013 13:41
9
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How Philip Morris International's Earnings Will Fare (PM)
On Thursday, Philip Morris International (NYSE: PM ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prep
Apr 16, 2013
Motley Fool
added
Apr 17, 2013 18:12
16
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Philip Morris Earnings Face Headwinds From Anti-Tobacco Laws
the company has entered 2013 with vastly changed dynamics from the previous year. Firstly, on December 1, 2012, the Australian plain packaging law came into effect which requires standardized packaging for all the cigarettes with no branding. Secondly, th
Apr 16, 2013
Trefis
added
Apr 16, 2013 16:13
8
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[Virginia] Star Scientific’s next controversy? Dietary aids
Now, having recently exited the tobacco business to focus instead on its relatively new venture into dietary supplements, Star Scientific has again become a magnet for controversy and is headed back to court, this time facing investors who argue the comp
Apr 14, 2013
Richmond (VA) Times-Dispatch
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Apr 16, 2013 14:34
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Tobacco Debt Beating Market Seen Losing on Tax Rise: Muni Credit
About $101 billion of municipal debt is backed by payments tobacco companies ... Less smoking means less money to repay debt, raising the risk of owning the securities, said Richard Larkin, director of credit analysis at Iselin, New Jersey-based Herbert
Apr 11, 2013
Bloomberg News
added
Apr 12, 2013 00:38
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[UK] Merton Council to consider withdrawing 'awful' £5m tobacco investments
Merton Councillor Linda Kirby: "We don't want to be investing in tobacco companies." The senior cabinet member for health has spoken out against a controversial £5m investment in the tobacco industry by Merton Council. Last week the Wimbledon Guardian r
Apr 10, 2013
This is Local London (uk)
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Apr 10, 2013 14:03
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[Asia] Insight - Pakistan's booming market no black and white matter
In December, a broker was fined half the amount he made from trades that manipulated the share price of tobacco giant Philip Morris.
Apr 9, 2013
Reuters
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Apr 10, 2013 03:09