- Philip Morris (NYSE:PM) says it will start selling e-cigarettes in the second half of 2014.
- The full-year forecast for 2013 EPS is lifted by the company to $5.37-$5.42 from $5.35-$5.40 prior, despite the soft demand trends it cites.
- Total industry volumes won't "recover" until 2014, but execs maintain that a double-digit pace of EPS growth for 2015 and beyond is in the works.
- Philip Morris at the Morgan Stanley Global Consumer Conference (webcast, slides)
Heard during Philip Morris' presentation at a consumer conference
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Symbol | Last Price | % Chg |
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PM | - | - |
Philip Morris International Inc. |