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Stock Market & Financial Investment News

News Breaks
February 13, 2013
06:41 EDTPMPhilip Morris upgraded to Neutral from Reduce at Nomura
Nomura upgraded Philip Morris based on valuation. Price target is $94.80.
News For PM From The Last 14 Days
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March 5, 2015
09:08 EDTPMAltria Group reaffirms FY15 adjusted EPS $2.75-$2.80, consensus $2.80
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March 2, 2015
09:06 EDTPMUniversal Corporation announces agreement with Philip Morris
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February 26, 2015
08:59 EDTPMAltria Group backs FY15 adjusted EPS $2.75-$2.80, consensus $2.80
Altria (MO) expects to record a one-time, pre-tax charge against reported earnings in Q1, reflecting the loss on early extinguishment of debt related to the tender offer. The final pre-tax charge will depend upon the pricing and amount of notes purchased in the tender offer. EPS guidance excludes the Charge as well as an approximate 2c per share provision that will be recorded by Philip Morris USA (PM) in Q1.

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