53 billion illegal cigarettes consumed in the European Union last year
Canada Looks to Plain Packaging for Cigarettes
If investors can get past valuations in the consumer staples sector, there are a raft of low-cost ETF options offering access to the space.
Our top managers continue to focus on higher-quality businesses, with dividend-paying stocks like Philip Morris International rising to the forefront during the most recent period.
We don't expect to make any significant changes to our fair value estimate for Altria MO following the release of fourth-quarter and full-year results by the firm. While the company's core tobacco franchises, Philip Morris USA and Philip Morris International , performed well in 2006, Altria's ...
Large growth fared best, while funds with heavy energy stakes collapsed.
As consumer spending slows, investors should focus on companies that enjoy strong brand intangible assets or sustainable cost advantages.