Join today and be part of the best free investment newsletter on the web where we focus on market moving news.
Philip Morris International Inc.(NYSE:PM) the world's second-largest cigarette seller stated today that raising its prices and selling more cigarettes in this promising market combined with the benefits of the fragile value of the U.S. dollar improved the cigarette company’s fourth-quarter profit by 5 percent.
The seller of Marlboro, Parliament, Virginia Slims and other brands of cigarettes overseas also announced a new three-year, $12 billion share exchange program to begin in May.
You can contact us during market hours at 1-888-9-ClubGrand (1888-925-8247) or via email at staff@wallstreetgrand.com .Gerard@WallStreetGrand.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
Disclaimer:
Wall Street Grand LLC has not been compensated by the company for this press release and does not expect to be compensated in the future for any type of awareness. To read our full disclaimer click the link http://www.wallstreetgrand.com/disclosure.html.
