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  • June 22, 2012
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Excluding the state-controlled Chinese market, Philip Morris International (NYSE: PM) is the world’s largest cigarette producer, with a roughly 28 percent share of the 5.7 trillion-stick international cigarette market. Cigarettes are a quintessential consumer staples business—sales volumes remain resilient even in troubled economic times. The company pays a quarterly dividend… Read More

Slow progress in Europe, softening US economic data and a looming US presidential election will cap any rallies in stocks this summer. Read More