Key Developments: Philip Morris International Inc (PM)
92.65USD
18 Jun 2013
$0.18 (+0.19%)
$92.47
$92.51
$92.88
$91.94
2,888,162
5,126,940
$96.73
$82.10
Latest Key Developments (Source: Significant Developments)
Philip Morris International Inc Declares Regular Quarterly Dividend Of $0.85 Per Share
Philip Morris International Inc. announced that it has declared a regular quarterly dividend of $0.85 per common share, payable on July 12, 2013, to shareholders of record as of June 27, 2013. The ex-dividend date is June 25, 2013. Full Article
Philip Morris International Inc to Acquire Remaining 20% Interest in Its Mexican Subsidiary
Philip Morris International Inc ("PMI") announced that Grupo Carso, S.A.B. de C. V. (“Grupo Carso”) will sell to PMI its 20% interest in Philip Morris Mexico, S.A. de C.V. (“PMM”), PMI’s Mexican tobacco business. The final purchase price, currently estimated to be approximately USD 700 million, will be determined by a pre-agreed formula. It is subject to a potential adjustment based on PMM’s actual performance over three years ending two fiscal years after the closing of the purchase. The transaction, as a result of which PMI will own 100% of PMM, is expected to be completed by September 30, 2013, subject to the approval of the Mexican antitrust authority, and is projected to be immediately marginally accretive to PMI’s earnings per share as of the fourth quarter of 2013. Full Article
Philip Morris International Inc Lowers FY 2013 EPS Guidance
Philip Morris International Inc revised fiscal 2013 earnings per share (EPS) guidance to a range of $5.55 to $5.65, compared to $5.17 in 2012. Excluding an unfavorable currency impact, at prevailing exchange rates, of approximately $0.19 for fiscal 2013, reported diluted earnings per share are projected to increase by approximately 10%-12% compared to adjusted diluted earnings per share $5.22 in 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.72 for fiscal 2013. Full Article
Philip Morris International Inc Announces Appointment Of Chief Executive Officer
Philip Morris International Inc announced that André Calantzopoulos was appointed Chief Executive Officer to become effective immediately following the Annual Meeting of Shareholders on May 8, 2013. Louis Camilleri, PMI's current Chairman and Chief Executive Officer, will remain as Chairman of the Board and as an employee of the Company. Full Article
Philip Morris International Inc Declares Regular Quarterly Dividend
Philip Morris International Inc announced that Board of Directors declared a regular quarterly dividend of $0.85 per common share, payable on April 12, 2013, to shareholders of record as of March 28, 2013. The ex-dividend date is March 26, 2013. Full Article
Philip Morris International Inc Reaffirms FY 2013 EPS Guidance
Philip Morris International Inc announced that it expects for fiscal 2013 reported diluted earnings per share(EPS) to be in a range of $5.68 to $5.78, at prevailing exchange rates. Excluding a forecasted total unfavorable currency impact of approximately $0.06 for the fiscal 2013, the reported diluted earnings per share range represents a projected increase of 10% to 12% versus adjusted diluted earnings per share of $5.22 in 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.78 for fiscal 2013. Full Article
Philip Morris International Inc Issues FY 2013 EPS Guidance In Line With Analysts' Estimates
Philip Morris International Inc announced that it expects for fiscal 2013 reported diluted earnings per share(EPS) to be in a range of $5.68 to $5.78, at prevailing exchange rates. Excluding a forecasted total unfavorable currency impact of approximately $0.06 for the fiscal 2013, the reported diluted earnings per share range represents a projected increase of 10% to 12% versus adjusted diluted earnings per share of $5.22 in 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.79 for fiscal 2013. Full Article
Philip Morris International Inc Declares Regular Quarterly Dividend of $0.85 Per Share
Philip Morris International Inc announced that it declared a regular quarterly dividend of $0.85 per common share, payable on January 11, 2013, to stockholders of record as of December 27, 2012. The ex-dividend date is December 24, 2012. Full Article
Philip Morris International Inc Reaffirms FY 2012 EPS Guidance-Conference Call
Philip Morris International Inc reaffirmed its fiscal 2012 reported diluted earnings per share guidance within the range of $5.12 to $5.18. Full Article
Philip Morris International Inc Narrows FY 2012 EPS Guidance To A Range Below Analysts' Estimates
Philip Morris International Inc announced that for fiscal 2012, it expects diluted earnings per share forecast to a range of $5.12 -$5.18 versus $4.85 in fiscal 2011. Excluding a forecasted total unfavorable currency impact of approximately $0.23 for the fiscal 2012, which compares favorably by $0.04 per share to the unfavorable currency forecast of $0.27 per share previously announced on July 19, 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.20 for fiscal 2012. Full Article
New Issue-Philip Morris prices 500 mln euro 2033 bond
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