(Reuters) - The company, which saw earnings pressured by its spinoff of
Kraft Foods Inc. , also cut its full-year earnings
forecast to reflect additional charges for asset impairment and
other costs.
The parent of Philip Morris USA and Philip Morris
International posted second-quarter profit of $2.22 billion, or
$1.05 a share, compared with $2.71 billion, or $1.29 a share, a
year earlier.
Read more at Reuters.com Market News
Kraft Foods Inc. , also cut its full-year earnings
forecast to reflect additional charges for asset impairment and
other costs.
The parent of Philip Morris USA and Philip Morris
International posted second-quarter profit of $2.22 billion, or
$1.05 a share, compared with $2.71 billion, or $1.29 a share, a
year earlier.
Read more at Reuters.com Market News
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