Goldman Sachs Downgrades Philip Morris International (PM) to Neutral, Removes from CL Buy
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Philip Morris (PM) Adjusts FY13 EPS Outlook on Unfavorable FX; Plans e-Cigs Entry in H2 2014
November 20, 2013 12:03 PM ESTPhilip Morris International Inc. (NYSE: PM) Chief Executive Officer, André Calantzopoulos, addresses investors today at the Morgan Stanley Global Consumer Conference in New York.
The presentation and Q&A session are being webcast live at www.pmi.com/webcasts in a listen-only mode, beginning at approximately 12 Noon Eastern Time. An archived copy of the webcast, together with slides, will be available on the same site. Highlights from the presentation include:
* PMI is revising its most recent 2013 reported diluted EPS guidance to a range of $5.37 to $5.42, compared to $5.17 in 2012. The $0.02 change reflects a... More