Thursday, April 19, 2007

Altria profit misses estimates, still mulling PMI spin

(Reuters) - The company, whose shares fell almost 2 percent, also said it could be several months before it decides whether to spin off the Philip Morris International business.

"Over the next several months, we will continue to carefully and diligently examine the benefits of a spinoff of Phillip Morris International," and other options, Dinyar Devitre, Altria chief financial officer, said during a conference call with analysts.


Read more at Reuters.com Business News

No comments: