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Stock Market & Financial Investment News

News Breaks
April 17, 2014
07:05 EDTPMPhilip Morris says FY14 EPS outlook increased due to forex impact
The company said “Our first-quarter results were in line with our expectations, given the known challenges we face in Asia and inventory distortions. While currencies remain volatile, we have recently witnessed an improvement in their unfavorable impact on our business, and accordingly, together with the restructuring charge, we are increasing our 2014 full-year reported diluted earnings per share guidance by 7c. Based on our expectation of robust pricing, market share growth momentum and early signs that the operating environment is improving in Europe, combined with our continued investments for the long-term, we remain confident in our constant-currency adjusted diluted EPS growth rate of 6%-8% for this year."
News For PM From The Last 14 Days
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September 22, 2014
07:58 EDTPMPhilip Morris estimates lowered on FX headwinds at Morgan Stanley
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September 10, 2014
05:41 EDTPMPhilip Morris raises dividend by 6.4% to $1.00 per share from 94c per share
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