Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Profile of the Week

Published on .

Philip Morris Cos., as other major corporations pared expectations for 2001, predicted its earnings would climb 9% to 11% over year-ago levels providing strength in the U.S. dollar did not damp overseas results. It said plans were on track to sell 10% to 15 % of its Kraft Foods unit in an initial public offering this year and that its share of U.S. tobacco shipments climbed to a record 50.5% last year. In trading Friday, Philip Morris closed at $47.02, up 1.05% for the week and up 6.86% for the year.
Most Popular
In this article: