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After missing Wall Street revenue expect
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Companies in the news and how they were assessed
Out of puff: Second-quarter revenue at Connecticut-based Marlboro-maker Philip Morris International (PMI) rose 7.1% from a year earlier, to $10.1bn – slightly short of analysts’ expectations of $10.3b
Reaction suggests investors may no longer swayed by earnings ‘beats’
Mobile network giant has a terrific dividend track record and 6.5% yield
UK equities are having their time in the sun. The FTSE 100 recently hit an all-time high of 9,000, driven by a broad recovery in equity prices. To put it another way, the rally wasn’t just driven by a