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Back in 2008 Altria (MO) spun off its global tobacco operations in order to reduce litigation risk. The global tobacco operations are touted as a growth play on emerging markets such as China and Russia. Just because there might be an opportunity for growth, does not really mean however that this growth would materialize. Check my analysis of Altria Group (MO).

 

Submitted: Jul 30, 2009    Views: 107    Comments: 0    Likes: 1   


View Article: http://www.dividendgrowthinvestor.com/2009/07/philip-morris-interna...


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