Philip Morris Buying 20% Stake in Russian Distributor Megapolis
Along with Philip Morris, Japan Tobacco International also agreed to take a 20% position in the Russian company.
E-Cigarette Makers Are Looking for High-Tech Edge
Tobacco companies turn to technology for differentiation in the fast-growing electronic-cigarette market.
The "Egyptian Warren Buffett" Loves These Stocks
Fayez Sarofim, a legendary Houston money manager, is long Coca-Cola, Philip Morris International, and Procter & Gamble.