http://topics.cnn.com/topics/feeds/rss/Philip_Morris_International_IncFind stories, videos, and photos about Philip Morris International Inc. from CNN.com.en-usCable News Network LP, LLLP.Thu, 26 Nov 2009 04:41:30 GMT5http://i.cdn.turner.com//cnn/2009/POLITICS/06/19/tobacco.lobby/tztop.tobacco.gi.jpghttp://topics.cnn.com/topics/feeds/rss/Philip_Morris_International_Inc14433Find stories, videos, and photos about Philip Morris International Inc. from CNN.com.http://www.cnn.com/2009/POLITICS/06/19/tobacco.lobby/index.html#cnnSTCTexthttp://www.cnn.com/2009/POLITICS/06/19/tobacco.lobby/index.html#cnnSTCTextThe tobacco industry was once a well-funded behemoth in American politics, and while Big Tobacco's power is slowly eroding, its influence is far from gone.Mon, 22 Jun 2009 18:40:00 EDThttp://money.cnn.com/2009/03/31/news/companies/tobacco/index.htmhttp://money.cnn.com/2009/03/31/news/companies/tobacco/index.htmThe Supreme Court dismissed an appeal by Altria Group Inc.'s Philip Morris USA over $79.5 million in punitive damages awarded to the widow of a longtime Oregon smoker.Tue, 31 Mar 2009 15:11:00 EDThttp://www.time.com/time/business/article/0,8599,1817249,00.html?xid=feed-cnn-topicshttp://www.time.com/time/business/article/0,8599,1817249,00.html?xid=feed-cnn-topicsPhilip Morris USA, the nation's No. 1 tobacco company, said Monday it has ended test markets of Marlboro-branded cigarettes that use a high-technology filterMon, 23 Jun 2008 19:05:00 EDThttp://money.cnn.com/2008/06/23/news/companies/philip_filter/index.htmhttp://money.cnn.com/2008/06/23/news/companies/philip_filter/index.htmPhilip Morris USA, the nation's No. 1 tobacco company, said Monday it has ended test markets of Marlboro-branded cigarettes that use a high-technology filter.Mon, 23 Jun 2008 17:28:00 EDThttp://money.cnn.com/2007/09/26/news/companies/philipmorris.ap/index.htmhttp://money.cnn.com/2007/09/26/news/companies/philipmorris.ap/index.htmPhilip Morris USA filed suit against 105 New Jersey and New York retailers Wednesday, alleging they sold counterfeit versions of Marlboro brand cigarettes.Wed, 26 Sep 2007 09:56:00 EDThttp://money.cnn.com/2007/08/27/news/companies/altria_spinoff.reut/index.htmhttp://money.cnn.com/2007/08/27/news/companies/altria_spinoff.reut/index.htmAltria Group Inc is widely expected to announce plans for the spinoff of its Philip Morris International unit this week, but some analysts see limited gains for a stock that already looks more expensive than its peers.Mon, 27 Aug 2007 07:17:00 EDThttp://www.time.com/time/nation/article/0,8599,1644522,00.html?xid=feed-cnn-topicshttp://www.time.com/time/nation/article/0,8599,1644522,00.html?xid=feed-cnn-topicsTobacco would be placed under federal regulation under legislation being readied for a Senate committee vote over objections from lawmakersWed, 18 Jul 2007 16:25:00 EDThttp://money.cnn.com/2007/02/20/news/companies/philip_morris/index.htmhttp://money.cnn.com/2007/02/20/news/companies/philip_morris/index.htmIn a 5-4 ruling, the U.S. Supreme Court on Tuesday threw out a nearly $80 million punitive damages ruling against Philip Morris.Tue, 20 Feb 2007 15:46:00 ESThttp://www.cnn.com/2007/LAW/02/20/scotus.tobacco/index.htmlhttp://www.cnn.com/2007/LAW/02/20/scotus.tobacco/index.htmlSplitting 5-4, the U.S. Supreme Court on Tuesday threw out a nearly $80 million punitive damages ruling against Philip Morris.Tue, 20 Feb 2007 15:19:00 ESThttp://money.cnn.com/2006/10/31/news/companies/tobacco/index.htmhttp://money.cnn.com/2006/10/31/news/companies/tobacco/index.htmA puzzled Supreme Court wrestled Tuesday over how to treat an Oregon jury's $79.5 million punitive damage award against tobacco giant Philip Morris USA, with company lawyers arguing the family of a longtime smoker deserves only compensation based on individual harm, not harm to the public at large.Tue, 31 Oct 2006 19:31:00 ESThttp://www.cnn.com/2006/LAW/10/31/scotus.tobacco/index.htmlhttp://www.cnn.com/2006/LAW/10/31/scotus.tobacco/index.htmlJuries can punish a tobacco company by awarding damages to a smoker's widow but not to other smokers, a lawyer for Philip Morris USA argued Tuesday before the Supreme Court.Tue, 31 Oct 2006 19:29:00 ESThttp://money.cnn.com/2006/05/30/news/companies/scotus_philipmorris/index.htmhttp://money.cnn.com/2006/05/30/news/companies/scotus_philipmorris/index.htmTobacco giant Philip Morris will get a chance this fall to convince the Supreme Court that an $80 million judgment against the company was excessive in an important product liability case testing the power of juries to impose large punitive awards against well-heeled corporations.Tue, 30 May 2006 16:58:00 EDThttp://www.cnn.com/2006/LAW/05/30/scotus.tobacco/index.htmlhttp://www.cnn.com/2006/LAW/05/30/scotus.tobacco/index.htmlTobacco giant Philip Morris will get a chance this fall to convince the Supreme Court that an $80 million judgment against the company was excessive.Tue, 30 May 2006 16:08:00 EDThttp://www.cnn.com/2006/US/03/14/smoking.ads/index.htmlhttp://www.cnn.com/2006/US/03/14/smoking.ads/index.htmlAn anti-smoking organization is accusing WebMD of betraying its patrons by couching an advertisement bankrolled by Philip Morris as an "information resource" for people who want to quit smoking.Wed, 15 Mar 2006 01:24:00 ESThttp://money.cnn.com/2006/01/19/news/companies/philipmorris/index.htmhttp://money.cnn.com/2006/01/19/news/companies/philipmorris/index.htmMarlboro smokers from New York State have sued Philip Morris on Thursday, demanding that the tobacco giant pay for CT-Scans to detect early-stage lung cancer, said the law firm that filed the federal suit.Thu, 19 Jan 2006 17:19:00 ESThttp://money.cnn.com/2005/12/16/news/fortune500/altria_fortune_121505/index.htmhttp://money.cnn.com/2005/12/16/news/fortune500/altria_fortune_121505/index.htmThe Illinois Supreme Court handed Altria's Philip Morris USA unit a major victory Thursday in a statewide class-action case over "Marlboro Lights" and "Cambridge Lights" cigarettes.Fri, 16 Dec 2005 10:11:00 ESThttp://money.cnn.com/2005/12/15/news/fortune500/altria/index.htmhttp://money.cnn.com/2005/12/15/news/fortune500/altria/index.htmThe Illinois Supreme Court on Thursday tossed out a $10.1 billion verdict against Philip Morris USA in which the company was accused of fooling customers into thinking "light" cigarettes are safer than regular cigarettes.Thu, 15 Dec 2005 17:48:00 ESThttp://money.cnn.com/2005/10/27/news/fortune500/philip_morris/index.htmhttp://money.cnn.com/2005/10/27/news/fortune500/philip_morris/index.htmA failed attempt by Philip Morris to create a safer cigarette has resulted in a device that may help the company get into the pharmaceutical business, according to a report published Thursday.Thu, 27 Oct 2005 16:30:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2005/08/22/8270028/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2005/08/22/8270028/index.htmIn 1962--less than a lifetime ago--Harvey C. Russell did what no other black man had done before. He became a vice president of a FORTUNE 500 company. Mon, 22 Aug 2005 04:01:00 EDThttp://www.cnn.com/2005/LAW/03/29/tobacco.suit/index.htmlhttp://www.cnn.com/2005/LAW/03/29/tobacco.suit/index.htmlA New York jury Monday awarded punitive damages of $17.1 million against Philip Morris USA in a case in which a 72-year-old woman said her lung cancer and neurological disorder were caused by smoking.Tue, 29 Mar 2005 05:34:00 ESThttp://money.cnn.com/2004/06/28/news/fortune500/tobacco_stocks/index.htmhttp://money.cnn.com/2004/06/28/news/fortune500/tobacco_stocks/index.htmShares of major tobacco companies rose sharply on Monday following a favorable court decision.Mon, 28 Jun 2004 14:31:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2004/01/12/357937/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2004/01/12/357937/index.htmIt's the season for New Year's resolutions. That means that, once again, many of us have pledged to cut the beer out of our daily diet or stop wasting so much money on cigarettes. And just as inevi...Mon, 12 Jan 2004 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/2003/10/13/350888/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2003/10/13/350888/index.htmFifteen years ago this fall, the barbarians of Wall Street stormed the gates of RJR Nabisco, vying to buy the world's No. 2 cigarette maker. The company was also a cookie maker, of course, but it w...Mon, 13 Oct 2003 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2003/04/28/341711/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2003/04/28/341711/index.htmWhen Illinois state judge Nicholas Byron issued his March ruling on a class action against Philip Morris, Louis Camilleri was 945 miles away in New York City, bracing for bad news. The chairman and...Mon, 28 Apr 2003 04:01:00 EDThttp://money.cnn.com/2002/12/18/pf/investing/beststocks2003/index.htmhttp://money.cnn.com/2002/12/18/pf/investing/beststocks2003/index.htmAs we close out the third consecutive down year for the stock market, conventional wisdom has never been more worthless -- which is why a conventional recovery seems so unlikely.Thu, 13 Mar 2003 16:31:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/2003/03/03/338359/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2003/03/03/338359/index.htmHow do large companies stack up in their own industries? That's what the list inside reveals. Among the notable movers: Gateway and Disney jumped from No. 6 to No. 2 in computers and in entertainme...Mon, 03 Mar 2003 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/2003/01/01/334687/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/2003/01/01/334687/index.htmAs bear markets go, this one is rewriting the rule book. Large-cap stocks have been mauled worse than small-caps, and corporations are running scared while consumers keep the economy afloat--both t...Wed, 01 Jan 2003 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/2002/09/16/328571/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2002/09/16/328571/index.htmNow is when the pros were supposed to strut their stuff. For all their boasts during the 1990s boom, active money managers couldn't even keep pace with their soaring benchmarks--those market indexe...Mon, 16 Sep 2002 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/2002/08/01/326245/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/2002/08/01/326245/index.htmHow to choose among 100 funds? We've sorted them into the broad asset-allocation groups you'd use to assemble a portfolio: large-cap, midcap, small-cap and global, plus specialty areas such as tech...Thu, 01 Aug 2002 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/2002/08/01/326244/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/2002/08/01/326244/index.htmThis year marks a milestone: It's the fifth edition of the MONEY 100, our hand-picked list of the best mutual funds in the business. We published our first list in 1998--and what a time to have cre...Thu, 01 Aug 2002 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/2002/06/01/323300/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/2002/06/01/323300/index.htmThe economy seems to be chugging back onto the right track, and Wall Street wisdom (no jokes, please) has stocks rising this year after two consecutive annual declines. But before you jump for joy,...Sat, 01 Jun 2002 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2001/12/10/314712/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2001/12/10/314712/index.htmPhilip Morris has a new name. You've probably heard it already. Pop quiz: Can you remember it? Too late. It's Altria. The company says the word derives from the Latin altus, meaning "high," and is ...Mon, 10 Dec 2001 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/2001/09/17/310301/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2001/09/17/310301/index.htmIf you're like most people, you probably didn't know that May 31 was World No Smoking Day. But that Thursday, as you sat at your desk and stared at your computer, anti-smoking activists all over th...Mon, 17 Sep 2001 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2001/06/25/305463/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2001/06/25/305463/index.htmSleep trainer Michael Krugman (soundersleep.com) has treated workers at Saatchi & Saatchi, Equitable Life Assurance, the NYPD, and Philip Morris (gee, wonder what keeps them up at night). "Most of ...Mon, 25 Jun 2001 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2001/04/30/301964/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2001/04/30/301964/index.htmThese things gotta happen every five years or so--ten years. Helps to get rid of the bad blood. Been ten years since the last one. --The Godfather Mon, 30 Apr 2001 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2001/04/30/301922/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2001/04/30/301922/index.htmPhilip Morris says in a position paper that it wants to give the Food and Drug Administration "meaningful, tough, and effective regulatory authority over tobacco products." But a lot of bigwigs in ...Mon, 30 Apr 2001 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/2001/04/16/301055/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2001/04/16/301055/index.htmWho on earth would want Geoff Bible's job? The man is marked--as the most powerful CEO in the most censured industry. He is bound--to hand over at least $4.5 billion of his company's annual cash fl...Mon, 16 Apr 2001 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/2001/03/01/297131/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/2001/03/01/297131/index.htmAn addictive stock Thu, 01 Mar 2001 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/2000/09/01/286096/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/2000/09/01/286096/index.htmStock-option fever continues to sizzle, but this year it's not only the dotcoms that are making headlines. Dramatically more Old Economy companies are sharing the wealth with employees up and down ...Fri, 01 Sep 2000 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/2000/07/01/282729/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/2000/07/01/282729/index.htmMO-mentum play Sat, 01 Jul 2000 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1999/12/06/269961/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1999/12/06/269961/index.htmIt's never pretty when a blue-chip stock falls apart--especially when the rest of the market is surging. But that's exactly what's been happening to shares of tobacco giant Philip Morris, which jus...Mon, 06 Dec 1999 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1999/02/01/254835/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1999/02/01/254835/index.htmWith November's $206 billion settlement with 47 states removing much of the liability risk facing tobacco companies, investors may be taking a fresh look at the two industry leaders. No. 1, Philip ...Mon, 01 Feb 1999 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1998/11/09/250878/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1998/11/09/250878/index.htmIf you wanted to see just how mercurial a place Wall Street can be, check out the recent trajectory of Philip Morris. Six months ago Philip Morris was the stock the big boys loved to hate. Money ma...Mon, 09 Nov 1998 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1998/11/01/250323/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1998/11/01/250323/index.htmNo one gives a hoot about income during a go-go growth market. Ah, but when that market comes tumbling down--as it did in the waning days of summer--investors suddenly get misty-eyed about their ol...Sun, 01 Nov 1998 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1998/11/01/250357/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1998/11/01/250357/index.htmSTOCKS Dell, Centex, Travelers, Chase Manhattan, McDonald's, Kroger, Philip Morris, Texas Instruments, Lehman Bros., QEP Co. Sun, 01 Nov 1998 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1997/05/12/226256/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1997/05/12/226256/index.htmEven after she'd seen the numbers, Elizabeth Mackay had no inkling of the tidal wave that was about to hit. To Mackay, the chief investment strategist for brokerage giant Bear Stearns, the producer...Mon, 12 May 1997 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1997/04/28/225565/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1997/04/28/225565/index.htmOkay, so Philip Morris's stock is a captive of litigation. Good legal news sends shares up; bad news leads to losses. Investors seem unconcerned about the company's actual business. Instead they're...Mon, 28 Apr 1997 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1997/02/17/222181/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1997/02/17/222181/index.htmRussians rarely let work get in the way of a good party--especially Russian journalists partying on someone else's tab. Philip Morris International has grasped this faster than most foreign compani...Mon, 17 Feb 1997 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1996/11/01/204045/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1996/11/01/204045/index.htmFour months ago, we reported that tobacco stocks faced some nasty problems. Those included an attempt by President Clinton to have tobacco declared a drug and restrict access to it by minors, and t...Fri, 01 Nov 1996 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1996/07/01/214171/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1996/07/01/214171/index.htmRenowned fund manager Ken Heebner is back where he likes to be-- at the top of the performance charts. Last year his flagship growth fund, $570 million CGM Capital Development, racked up a hefty 41...Mon, 01 Jul 1996 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1996/06/01/213198/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1996/06/01/213198/index.htmAsk just about any broker or financial planner, and you'll be told that doctors are not always the savviest investors. Even so, the American Medical Association has some investing advice for you. I...Sat, 01 Jun 1996 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1996/05/13/212393/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1996/05/13/212393/index.htmWhen Philip Morris announced on April 15 price cuts of about 20% on its Post and Nabisco ready-to-eat cereals, consumer advocates--not to mention parents who buy truckloads of the stuff every week-...Mon, 13 May 1996 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1996/04/29/211874/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1996/04/29/211874/index.htmIt's been a long time since smoking was as romantic as Paul Henreid made it in Now, Voyager. But even to an industry that's been fighting liability suits since 1954, the current wave of tobacco bas...Mon, 29 Apr 1996 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1995/10/16/206857/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1995/10/16/206857/index.htmEVERY SO OFTEN you've got to say the heck with all those brokerage reports, newsletters, and other materials that entire forests died for. Let's face it, there are only three sure ways to beat the ...Mon, 16 Oct 1995 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1995/05/15/202908/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1995/05/15/202908/index.htmThe U.S. economy in the mid-1950s was colossal in size and the envy of the world. Yet American businessmen were weary of decades of turbulence--of the "underconsumption" of the Great Depression and...Mon, 15 May 1995 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1995/02/01/201317/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1995/02/01/201317/index.htmLast year's heartless stock market did not spare the most prestigious U.S. corporations. Though the Dow Jones industrial average managed to squeeze out a 2% gain overall, 13 of the 30 blue-chip com...Wed, 01 Feb 1995 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1994/10/31/79910/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1994/10/31/79910/index.htmLong tamped down by legions of legal and political threats, shares in cigarette companies are on the rise now that menaces such as increased federal taxes and an FDA crackdown seem to be fading. Th...Mon, 31 Oct 1994 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1994/06/13/79401/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1994/06/13/79401/index.htmNOTHING LAYS WASTE to a business landscape like a price war. Engaging your competitors in a pricing battle will likely savage your company and scar your industry for years to come. The casualty lis...Mon, 13 Jun 1994 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1994/05/02/79272/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1994/05/02/79272/index.htmThe Marlboro cowboy is becoming an increasingly appropriate symbol for the U.S. tobacco industry, given that the great outdoors is about the only place left where you can smoke. Laws banning smokin...Mon, 02 May 1994 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1994/03/21/79108/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1994/03/21/79108/index.htm1 JOSEPHINE CAMELS RJR has added female characters to its cigarette ads. Will Philip Morris strike back with the Marlboro Madam? Mon, 21 Mar 1994 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1994/02/01/88637/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1994/02/01/88637/index.htmIt took nearly a century for the Dow Jones industrial average to climb to the 1000 mark, another 15 years to get to 2000, but then only four more to hit 3000 in 1991. And if the pattern continues, ...Tue, 01 Feb 1994 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1993/12/01/88499/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1993/12/01/88499/index.htmQ. My father died recently, leaving my healthy, active 72-year-old mother with homes in New York and Florida, 10,000 shares of Philip Morris stock worth about $472,500, and $1.3 million in tax-free...Wed, 01 Dec 1993 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1993/06/01/88104/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1993/06/01/88104/index.htmSnuffed out. That's what happened to the returns of some top growth funds when one of their biggest holdings, Philip Morris, with more than $42 billion of shares outstanding, fizzled by 23% on Apri...Tue, 01 Jun 1993 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1992/11/16/77159/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1992/11/16/77159/index.htmAllow us a note of self-puffery: Security analysts blame -- or credit -- FORTUNE for the $6 billion drop in the value of Philip Morris stock in two days in October. Investors were spooked by the co...Mon, 16 Nov 1992 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1992/10/05/76949/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1992/10/05/76949/index.htmSo you got your dividend check. Nice, but now what? Stick it in a CD and let it wither? No way. Some companies are betting that dividend-happy shareholders will come back for more of the same. To e...Mon, 05 Oct 1992 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1992/07/13/76656/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1992/07/13/76656/index.htmThe smoking world lost a friend in June when Philip Morris Magazine took its last gasp. It was seven. At its circulation peak, when the glossy giveaway came out six times a year, it claimed some 13...Mon, 13 Jul 1992 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1992/04/06/76258/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1992/04/06/76258/index.htmI AM A WORRIER,'' says Philip Morris CEO Michael Miles. ''I worry whether tomorrow will be Wednesday. I worry instead of exercising.'' Last year, when Miles won the four-man horse race to become he...Mon, 06 Apr 1992 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1992/03/23/76217/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1992/03/23/76217/index.htmWant some tips from an investing heavyweight? Pull up a chair next to Fayez Sarofim, the Houston investor whose firm manages $26 billion and is the largest shareholder in such major-league stocks a...Mon, 23 Mar 1992 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1992/03/01/87185/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1992/03/01/87185/index.htmWith the Dow at nosebleed heights, you may be thinking of bailing out of stocks entirely. Don't do it. Believe it or not, there are still bargains out there. You'll find them among the shares that ...Sun, 01 Mar 1992 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1991/12/01/86946/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1991/12/01/86946/index.htmFund manager Ken Heebner doesn't like being compared with former rival Peter Lynch, the phenom who retired from Fidelity Magellan at age 46 in 1990. ''I'm not really in Peter's league,'' says Heebn...Sun, 01 Dec 1991 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1991/07/01/75222/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1991/07/01/75222/index.htmWith interest rates falling, income-hungry investors are scouring the stock market for good yields. The temptation is to go for slow-growing companies that pay plump dividends, like utilities. But ...Mon, 01 Jul 1991 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1991/02/11/74657/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1991/02/11/74657/index.htmTOUGHER CONSUMERS at home and millions of potential customers abroad make a good reputation more valuable than ever to U.S. companies. What does that reputation consist of? Every year more than 80%...Mon, 11 Feb 1991 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1991/01/28/74600/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1991/01/28/74600/index.htmDEALMAKERS will remember 1990 as the year they made it home in time to kiss their children good night. But after toting up how much those kisses represent in lost business, they may long for the be...Mon, 28 Jan 1991 05:01:00 ESThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1990/10/01/86125/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1990/10/01/86125/index.htmThe U.S. stock market has been one of the early casualties in the Mideast war of nerves. Surging oil prices, fear of inflation and the cold breath of recession have inflicted damage on all stocks, ...Mon, 01 Oct 1990 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1990/04/09/73352/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1990/04/09/73352/index.htmWhat's a manager to do? The CEO is in his corner office playing a hand-held Nintendo video game, listening to multi-ethnic music recorded by the Gipsy Kings, popping herbal energizer pills, and rea...Mon, 09 Apr 1990 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1990/03/01/85690/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1990/03/01/85690/index.htm''If the '80s was the decade of deal stocks, the '90s will be the decade of quality stocks,'' predicts Bob Chesek, manager of Phoenix Growth Fund. Nowhere do such stocks stand out more clearly than...Thu, 01 Mar 1990 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1989/10/23/72610/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1989/10/23/72610/index.htmThis year's king-sized buyout of RJR/Nabisco leaves Philip Morris looking tougher than ever in tobacco. While RJR's shareholders got rich on the deal, the record-setting LBO by Kohlberg Kravis Robe...Mon, 23 Oct 1989 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1989/10/23/72611/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1989/10/23/72611/index.htmTHWARTED IN EVERY attempt to diversify successfully, Philip Morris, the , world's largest and most stunningly profitable cigarette company, is finally beginning to conquer its addiction to tobacco....Mon, 23 Oct 1989 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1989/05/08/71955/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1989/05/08/71955/index.htmThe law does not apply to companies that make their living off tobacco. We're talking about New York City's Local Law No. 2, Title 17, Chapter 5, which bans smoking in hallways, open work areas, an...Mon, 08 May 1989 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1989/05/08/71956/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1989/05/08/71956/index.htmHowever enviable his situation otherwise, Hamish Maxwell, chief executive of Philip Morris Cos., faces one of the biggest challenges in corporate America today. The enviable part: He sits atop a co...Mon, 08 May 1989 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1989/01/30/71565/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1989/01/30/71565/index.htmIT WAS A BRAWLING food fight of a year. Wall Street's dealmakers, only briefly unsettled by the October 1987 stock market crash, plunged back into the arena with all the zest and decorum of frat ho...Mon, 30 Jan 1989 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1989/01/02/71467/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1989/01/02/71467/index.htmWHEN HAMISH MAXWELL does deals he gets intent, so intent that in 1985 he failed to notice that Hurricane Gloria had struck New York City. That was when the Philip Morris CEO was taking over General...Mon, 02 Jan 1989 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1989/01/02/71478/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1989/01/02/71478/index.htm'Tis the season to be bearish? In mid-December the stock market, as measured by the Dow Jones industrials, was up a modest 11% since January, while Standard & Poor's 500-stock index had risen a sli...Mon, 02 Jan 1989 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1988/11/21/71298/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1988/11/21/71298/index.htmTHE TOBACCO industry. What a strange place for corporate America to fight out the nature of its future. Who could imagine such a clear, almost ideological clash of strategies? Such strikingly diver...Mon, 21 Nov 1988 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1988/08/01/70858/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1988/08/01/70858/index.htmJust two weeks after the tobacco industry lost its first case in court -- a New Jersey federal jury awarded the widower of a cancer victim $400,000 in damages -- Philip Morris took the offensive. T...Mon, 01 Aug 1988 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1987/11/01/84192/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1987/11/01/84192/index.htm-- Our August Stock of the Month, Philip Morris, was then deeply depressed because of lawsuits against cigarette manufacturers by people who blamed them for the deaths of relatives who smoked. Late...Sun, 01 Nov 1987 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1987/08/17/69425/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1987/08/17/69425/index.htmDOES THE U.S. cigarette industry have a future? Could any industry with so many enemies have a future? How bullish can you get about a business whose customers are starting to look like pariahs? Th...Mon, 17 Aug 1987 04:01:00 EDThttp://money.cnn.com/magazines/moneymag/moneymag_archive/1987/08/01/84008/index.htmhttp://money.cnn.com/magazines/moneymag/moneymag_archive/1987/08/01/84008/index.htmTobacco shares are about as popular as a cigar smoker in a crowded elevator. As a result, analysts say, the stocks are bargains -- especially Philip Morris, a cigarette manufacturer and food compan...Sat, 01 Aug 1987 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1986/06/23/67729/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1986/06/23/67729/index.htmThe top tobacco companies, long known as sagging money trees, have a good chance to win a showdown in the courts over the hazards of smoking. The stocks look irresistible to most Wall Streeters who...Mon, 23 Jun 1986 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1986/03/03/67185/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1986/03/03/67185/index.htmTukman Capital Management of Larkspur, California, a quiet suburb north of San Francisco, has successfully flouted the rule that investors should put their eggs in many baskets. The small, five-yea...Mon, 03 Mar 1986 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1985/12/23/66847/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1985/12/23/66847/index.htm''If New York City, with its long tradition of permissive, easy- going government and its notorious lack of discipline, can embrace austerity and succeed, why can't this Congress?'' WILLIAM PROXMIR...Mon, 23 Dec 1985 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1985/11/11/66585/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1985/11/11/66585/index.htmADVERTISERS don't like it when their ad agencies handle a competitor's account, and the recent slew of mergers between giant consumer product companies threatens to shake up the denizens of Madison...Mon, 11 Nov 1985 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1985/10/28/66548/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1985/10/28/66548/index.htmTakeovers were once straightforward confrontations between two companies: a buyer and a target. But nowadays one bidder attracts another and the action turns into an auction. When the British-Dutch...Mon, 28 Oct 1985 05:01:00 ESThttp://money.cnn.com/magazines/fortune/fortune_archive/1985/09/02/66367/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1985/09/02/66367/index.htmWhile dreams of capital gains are uppermost in the minds of investors, many also rely on dividends for income, or plan to one day. Yet with stock market indexes setting new records, it's getting to...Mon, 02 Sep 1985 04:01:00 EDThttp://money.cnn.com/magazines/fortune/fortune_archive/1985/09/02/66422/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/1985/09/02/66422/index.htmAfter being offered cigarettes that are longer, slimmer, and lighter, smokers may soon have the novel option of dialing their preferred taste. Philip Morris has launched a four-city test of Concord...Mon, 02 Sep 1985 04:01:00 EDT