David Adelman
David Adelman
David I. Adelmanis an American lawyer, diplomat, and legislator. He was the United States Ambassador to the Republic of Singapore from 2010 to 2013. Currently, he is a partner in the global law firm Reed Smith LLP working out of the firm's New York office and regularly traveling to the firm's offices in Asia...
clock company exceeding growth lee stopped year
Sara Lee was an exceptional company with compounded earnings-per-share growth exceeding 12% a year for 25 years. But I think the clock stopped for Sara Lee in 1995.
enhances few higher largely ongoing prices raising relatively response
On an ongoing basis, manufacturers are raising prices because they can. It enhances profitability, largely because there are few incremental costs, and consumers' response to a higher price is relatively modest.
avoids coverage financial increase industry internal issues market philip press profit risk ruling share tobacco visibility
The ruling eliminates the risk of a large-scale financial verdict, should increase the market's visibility of Philip Morris' long-term U.S. tobacco market share and profit growth, and avoids press coverage of the industry airing its internal issues in public.