News Summary: Philip Morris Int'l 4q Profit Rises

News Summary: Philip Morris Int'l 4Q profit rises Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 11:25 am, Thursday, February 7, 2013 Philip Morris International Inc.'s fourth-quarter net income increased 11 percent to $2.1 billion as it sold more cigarettes at higher prices. The company, which sells Marlboro and other cigarette brands overseas, said shipments rose nearly 3 percent to 233.1 billion cigarettes as increases in Asia, and Eastern Europe, Middle East and Africa offset declines in the European Union, Latin America and Canada.

 

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