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Business News.(A)(Business News)
Coke's net rises 23%, sales dip
The world's leading soft drink firm earned 38 cents a share in its fourth quarter vs. 31 cents a year ago. Coca-Cola met estimates, thanks to strong growth in the Asia-Pacific region. But overall sales fell 1% to $4.9 billion asNorth American volume languished. Coke expects currency changes to continue tohurt earnings. But it remains comfortable with 2001 profit and volume forecasts.
Philip Morris 4th qtr falls
short
Philip Morris earned 87 cents a share, up 13% from 77 cents a year ago. That missed views by a penny. The tobacco firm said it sees 2001 earnings growth of 13%-15%. But it said the strong dollar could hurt results. Philip Morris acquired Nabisco Holdings last month, adding well-known brands such as Oreo cookies and Ritz crackers.
Avant puts off reporting earnings
Shares of the integrated circuit software designer fell 4 13/16, or 19%, to 19 7/8 after the company postponed release of its fourth-quarter earnings report. It said its year-end audit wasn't ...
- New York Lobbying Records Reveal More Spending by Philip Morris.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Odato, James M. December 26, 1999 700+ words
...In new disclosures, Philip Morris shows it spent thousands...of dinners paid for by Philip Morris exceeding the gift limit...in place a month ago, Philip Morris, fined $75,000 in...Knight Ridder/Tribune Business News.
- California Tells Schools to Shun Philip Morris Book Covers.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Crump, Gwendolyn November 29, 2000 700+ words
...bearing the name of cigarette-maker Philip Morris. Eastin and other education officials...of the book covers is an attempt by Philip Morris to foster tobacco sales to young people...book covers nationwide on behalf of Philip Morris. Three different designs have been...
- Richmond, Va., Employees Relieved as Philip Morris Wins Nabisco.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Blackwell, John Reid June 26, 2000 700+ words
...conference yesterday morning, Philip Morris Chairman and Chief Executive...successful." Nabisco and Philip Morris "share similar cultures...gelatins and puddings. Philip Morris also plans to keep using...Knight Ridder/Tribune Business News.
- Tobacco Growers Charge Philip Morris with Conspiracy.(Knight Ridder/Tribune...
- Newspaper article from: Knight Ridder/Tribune Business News Hardin, Peter February 18, 2000 700+ words
...executive officer of Philip Morris U.S.A., retorted...Added Jay S. Poole, a Philip Morris vice president, "It...meritless. Kim Farlow, a Philip Morris USA spokeswoman, called...Knight Ridder/Tribune Business News.
- Researchers Say Users of Philip Morris Device May Smoke More.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Blackwell, John Reid August 16, 2000 700+ words
...17--Smokers who use Philip Morris USA's Accord cigarette...conventional cigarette. Philip Morris designed the Accord to...Drug and Alcohol Abuse. Philip Morris USA spokeswoman Mary...Knight Ridder/Tribune Business News.
- Philip Morris Announces Cigarette with Slower Burn Rate.(Knight Ridder/Tribune...
- Newspaper article from: Knight Ridder/Tribune Business News Blackwell, John Reid July 14, 2000 700+ words
...consumer testing, Philip Morris USA soon will begin...said. In February, Philip Morris conducted blind testing...product, Garguilo said. Philip Morris also sent samples to...Knight Ridder/Tribune Business News.
- Nabisco Sale to Philip Morris Is Well-Received on Wall Street.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Simon, Ellen June 27, 2000 700+ words
...executive officer of Philip Morris, emphasized the growth...said. Under the deal, Philip Morris will pay $55 a share...the company's debt. Philip Morris plans to take 10 to 15...Knight Ridder/Tribune Business News.
- Philip Morris Executive Comments on Tobacco Industry Philosophy.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Skillman, Laura March 10, 2000 700+ words
...Mar. 9--For years, Philip Morris Management Corp. didn...disclosure, he said. But Philip Morris disagrees with the issue...know how much tobacco Philip Morris imports, but said it...Knight Ridder/Tribune Business News.