Equity Research on Reynolds American Inc. and Philip Morris International Inc. - Cigarette Companies Facing Tougher Obstacles
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/25/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Cigarettes industry and are offering free analytical research on (NYSE: RAI) and (NYSE: PM). Register with us now to have free access to these research reports. Simply click on the link below.
Cigarettes companies, such as Reynolds American Inc. and Philip Morris International Inc. continue to face mounting challenges. Tightening regulations and government pressure means that smokers continue to face tax hikes while companies have to deal with bans, advertising restrictions and social stigma. These limitations vary from country to country as do their effects but demand seems to have been generally most impacted in the U.S. Get your free reports on and at . There is no commitment to join.
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Industry players appear to have been working to overcome declining demand and volume by increasing prices and reducing costs. Philip Morris recently reported second quarter net income of $2.32 billion, lower than last year's $2.41 billion. The company also announced a slight fall in cigarette shipments, down around one percent to 238.3 billion. report is accessible for free by registering today at
Moving forward it will be interesting to see how other companies fare this earnings season. Reynolds American Inc. has announced that it will host its second quarter earnings conference call on July 24th. report is accessible for free by registering today at
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Datum: 25.07.2012 - 06:05 Uhr
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