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Company is the parent company of Philip Morris International, Philip Morris USA, John Middleton, Inc. and Philip Morris Capital Corporation.
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PPeltier (59.05) Submitted: 7/17/06 7:06 PM : Start Price: $16.48 MO Score: 32.60
Short term, big law suites are over, but a bunch of little ones are coming since a FL class action suite/judgement was thrown out. If the rumor is true, (started by the CEO I believe a few years ago) and MO does split into three companies. Kraft will need to do a "sink or swim" or put themself back on the seller block. I don't think they can stand on thier own two feel. MO is a cash cow and Kraft need to be weened' off that nipple.
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