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>> PHILIP MORRIS INTERNATIONAL Latest News

APR 17, 2014 - TheStreet

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Why Phillip Morris (PM) Stock Is Dropping Today

NEW YORK (TheStreet) -- Phillip Morris shares are down 2.9% to $82.35 in trading on Thursday following a disappointing first quarter earnings report.Net income for the tobacco company fell 12% to $1.88 billion, or $1.18 per share, from $2.13 billion, or $1.28 per share. Must Read: Warren Buffett's 10 Favorite Growth Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Excluding excise taxes, revenue fell nearly 9% to $6.9 billion, falling short of analysts expected revenue of ... Read More

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