PM
Spinoffs: Timing is Everything
Read the full article: http://seekingalpha.com/article/71571-spinoffs-timing-is-eve...
Andrew Corn of of Clear Indexes (CSD) believes that "Spin-Offs stand to become increasingly prevalent in the near future." Why? Because you can "Give a high growth unit the chance to reap the benefits of a high growth stock, shed a non-core business, or give investors the chance to buy into a specific industry without taking on other divisions."
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Altria: Talk About Profit Margin!
Read the full article: http://valueplays.blogspot.com/2008/03/altrias-investor-day-...
~Todd Sullivan of Value Plays~
Shareholders as of March 19 will receive 1 share of Phillip Morris International for each Altria share they hold on march 28, the spin date.
Guidance:
Altria (MO):
* 2008 full-year diluted earnings per share from continuing operations are projected to grow approximately 9% to 11% from an adjusted base of $1.50, excluding PMI.
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