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Thursday, Jul 18
Don't worry about Philip Morris (PM -0.5%) post-earnings, Goldman says. In a particularly...
Don't worry about Philip Morris (PM -0.5%) post-earnings, Goldman says. In a particularly prescient (and perhaps self-fulfilling) call, analyst Judy Hong says investors should "expect shares to start the day down, but, because PM has previously indicated that 2013 is a back half-loaded year, the keeping of FX-neutral guidance could provide downside support to shares." The stock fell as much as 3.3% early and has since recovered to post only fractional losses. (Earlier: PM misses; earnings rundown)