Big Tobacco’s Final Frontier: Philip Morris International Inc. (PM)
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 23, 2013 - 11:26am
To most people, Philip Morris International Inc. (NYSE:PM) is synonymous with ‘big tobacco’ – everyone’s favorite market villain. Over the past decade, developed nations have declared an all-out war against the tobacco industry. By 2012, things looked grim for tobacco makers, as Europe – which accounts for 33% of the world’s smokers – got so [...]
January 23, 2013 - 11:26am
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