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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.
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