International Business News - Morris http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Graham Mackay, the chief executive of SABMiller, will join the board of directors of Philip Morris International Inc., the company said Friday. Mackay, 59, will bring the total number of directors of the tobacco company to nine. http://www.ibtimes.com/articles/20081031/graham-mackay-elected-to-philip-morris-board.htm Fri, 31 Oct 2008 12:15:45 EDT Philip Morris International said Wednesday its third-quarter profit rose 20.6 percent as sales climbed and foreign-exchange rates boosted results. The results led the company to reaffirm its full-year profit forecast for 2008 and raise its quarterly dividend. http://www.ibtimes.com/articles/20081022/philip-morris-intl-3q-profit-rises-20-pct.htm Wed, 22 Oct 2008 10:53:20 EDT Shares of Philip Morris International jumped Monday as a Citi Investment Research analyst said they presented an "exceptional buying opportunity." The stock rose $5.25, or 13.2 percent, to $44.99 Monday. It had fallen 14 percent last week as stocks in general suffered a massive global sell-off. http://www.ibtimes.com/articles/20081013/analyst-sees-strength-in-philip-morris-intl-stock.htm Mon, 13 Oct 2008 21:13:35 EDT A Barclays Capital analyst said Tuesday he expected Philip Morris International, seller of Marlboro cigarettes overseas, to post better-than-expected third-quarter results. http://www.ibtimes.com/articles/20081007/analyst-philip-morris-intl-to-post-solid-gain.htm Tue, 07 Oct 2008 14:44:03 EDT Philip Morris International, maker of Marlboros overseas, said Tuesday it has bought about 94 percent of the stock of Canadian cigarette maker Rothmans Inc. http://www.ibtimes.com/articles/20080930/philip-morris-intl-completes-rothmans-buyout.htm Tue, 30 Sep 2008 09:48:14 EDT A U.S. District Court judge denied a request by Marlboro-maker Philip Morris USA to temporarily delay a ban on tobacco sales at convenience drug stores in San Francisco. http://www.ibtimes.com/articles/20080929/judge-rejects-request-to-delay-tobacco-sales-ban.htm Mon, 29 Sep 2008 18:01:41 EDT Philip Morris USA has filed a lawsuit in U.S. District Court in the Northern District of California to overturn a San Francisco sales ban on tobacco products in convenience drug stores. http://www.ibtimes.com/articles/20080925/philip-morris-usa-files-suit-to-overturn-sales-ban.htm Thu, 25 Sep 2008 08:09:55 EDT Philip Morris International Inc. said Wednesday it had completed its buyout of Canadian cigarette maker Rothmans Inc. Philip Morris International said owners of about 47 million shares, representing about 68 percent of the company, had accepted its offer of 30 Canadian dollars (about $28.16) per share. It will pay for those shares on Friday. http://www.ibtimes.com/articles/20080917/philip-morris-intl-completes-buyout-of-rothmans.htm Wed, 17 Sep 2008 09:28:27 EDT Philip Morris International Inc. said Tuesday that its offer of 30 Canadian dollars (about $28.16) per share to buy Canadian cigarette maker Rothmans Inc. was its last and best offer and that the deadline for the offer was set for midnight. http://www.ibtimes.com/articles/20080916/philip-morris-intl-confirms-rothmans-offer.htm Tue, 16 Sep 2008 11:02:24 EDT Philip Morris International Inc. said Friday it received the last remaining regulatory approval in Canada for its proposed acquisition of cigarette maker Rothmans Inc. for $1.95 billion. http://www.ibtimes.com/articles/20080912/philip-morris-gets-canadian-nod-for-rothmans-bid.htm Fri, 12 Sep 2008 16:02:35 EDT Sanders Morris Harris Group Inc. said its board declared a regular quarterly dividend of 4.5 cents. The financial services provider said the dividend is payable Oct. 15 to shareholders of record Oct. 1. http://www.ibtimes.com/articles/20080908/sanders-morris-declares-4-5-cent-dividend.htm Mon, 08 Sep 2008 10:34:58 EDT Philip Morris International Inc. said Friday it had extended a deadline on its offer to buy cigarette maker Rothmans for $1.95 billion, in order to meet a requirement under Canadian regulatory rules. http://www.ibtimes.com/articles/20080905/philip-morris-extends-rothmans-offer.htm Fri, 05 Sep 2008 13:54:07 EDT Faculty and students told a Virginia Commonwealth University panel that they're concerned about the moral and ethical implications of entering research agreements with tobacco giant Philip Morris USA and other corporations. http://www.ibtimes.com/articles/20080904/vcu-panel-holds-final-corporate-research-hearing.htm Thu, 04 Sep 2008 12:41:40 EDT Philip Morris International Inc., maker of Marlboro and other cigarette brands, said Friday it raised its regular quarterly dividend 17 percent to 54 cents. http://www.ibtimes.com/articles/20080829/philip-morris-intl-boosts-dividend-17-percent.htm Fri, 29 Aug 2008 09:38:12 EDT Philip Morris International Inc. said it has satisfied a condition for its $1.95 billion acquisition of Canadian cigarette maker Rothmans. Philip Morris International, which sells Marlboros outside the U.S, said late Thursday that it received an advance ruling certificate from the Canadian Commissioner of Competition for the deal. http://www.ibtimes.com/articles/20080815/philip-morris-rothmans-deal-gets-regulatory-ok.htm Fri, 15 Aug 2008 10:50:23 EDT Philip Morris International Inc. announced Thursday that it is buying Canadian cigarette maker Rothmans for about $1.95 billion. Philip Morris International said it will launch a public tender offer to buy all the shares of Rothmans for $29.28 (30 Canadian dollars) each. The price is a 17 percent premium to Rothmans' 20-day volume-weighted average trading price on the Toronto Stock Exchange. http://www.ibtimes.com/articles/20080731/philip-morris-international-to-buy-rothmans.htm Thu, 31 Jul 2008 14:06:51 EDT Among the earnings stories for Wednesday, July 23, from AP Financial News: NEW YORK (AP)--Philip Morris International's earnings rose 23 percent in the second quarter, and the cigarette maker said Wednesday its growth has not been hurt by the inflationary pressures affecting many other consumer products companies. http://www.ibtimes.com/articles/20080723/earnings-roundup-philip-morris-hershey.htm Wed, 23 Jul 2008 16:16:29 EDT RESULTS: The cigarette maker that sells Marlboros outside the U.S. said second-quarter earnings rose 23 percent. Revenue rose 15 percent, topping Wall Street estimates. http://www.ibtimes.com/articles/20080723/summary-box-philip-morris-international-2q-profit.htm Wed, 23 Jul 2008 14:37:07 EDT Philip Morris International's earnings rose 23 percent in the second quarter, and the cigarette maker said Wednesday its growth has not been hurt by the inflationary pressures affecting many other consumer products companies. http://www.ibtimes.com/articles/20080723/pricing-weaker-dollar-help-philip-morris-2q.htm Wed, 23 Jul 2008 19:13:45 EDT Cigarette maker Philip Morris International Inc. will report its second-quarter results Wednesday. The following is a summary of key developments and analyst commentary for the period. http://www.ibtimes.com/articles/20080722/earnings-preview-philip-morris-international.htm Tue, 22 Jul 2008 13:22:12 EDT