Business

Philip Morris Int’l 3Q profit falls 8 percent

By Michael Felberbaum
Published October 16, 2014 3:47pm ET
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Philip Morris Int’l 3Q profit falls 8 percent
FILE - This Jan. 17, 2008 file photo shows a pack of Marlboro cigarettes in Bremen, Germany. Cigarette maker Philip Morris International Inc., which sells Marlboros and other U.S. brands abroad, on Thursday, Oct. 16, 2014 said its third-quarter profit dropped 8 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar. (AP Photo/Joerg Sarbach, File) | JOERG SARBACH

RICHMOND, Va. (AP) — Philip Morris International’s third-quarter profit dropped 8 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.

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