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The Deal: Philip Morris Inhales Mexican JV
The deal is expected to be completed by Sept. 30, Philip Morris International said, at which time it will own 100% of its Mexican-based tobacco unit.
One of the hardest things for investors to deal with is "political risk." This occurs when a government agency directly has an impact on a company's business model, often in a way that cannot easily be predicted in advance.
Philip Morris Int'l to fully control Mexican unit
Philip Morris International Inc. said Tuesday it plans to buy the remaining 20 percent stake in its Mexican subsidiary from business magnate Carlos Slim's Grupo Carso holding company.
StockCall Study on MO, PM, LO, and RAI
Cigarette manufacturers continue to face significant challenges as governments across the world continue to introduce new regulations to curb smoking.
RPT-Fitch: EU tobacco sector dashboard H113
Issuers covered in the special report include Philip Morris International, Inc., British American Tobacco plc and Imperial Tobacco Group PLC.
Philip Morris International's CEO Presents at Annual Meeting of Stockholders Conference
Good morning ladies and gentlemen, and welcome to the Philip Morris International's 2013 Annul Meeting of Shareholders.
3 Top Dividend Paying Tobacco Stocks
Today, I would like to take a look at three tobacco stocks. This article will help to assess whether or not the companies are doing well, and it will look into recent developments and results to determine if the companies are good investments going forward.
Philip Morris Given "Hold" Rating at TheStreet
's stock had its "hold" rating restated by analysts at TheStreet in a research report issued to clients and investors on Monday, AnalystRatingsNetwork reports.
New Market Study Published: Philip Morris International Inc in Tobacco
In addition, despite the ban on advertising, the company is likely to continue to promote its brands in bars and clubs across the country.
Philip Morris International: New Study b ...
The Tobacco Products Directive could adversely affect Europe's economy, resulting in up to 175,000 job losses and lost tax revenue of up to EUR 5 billion throughout Europe, according to a new study published by Roland Berger Strategy Consultants.