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Many investors are of the opinion that investing in morally questionable companies is not an option. Others maintain that morals have little to do with making an investment. If they don’t invest in that company, somebody else will, and profit by it regardless. There are arguments on both sides of the discussion, but in an increasing number of instances, options are beginning to be found.
~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.
* 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.