cigarette manufacturer

Gainers

• Consumer Staples Select Sector SPDR (NYSE: XLP) up 0.27% to $26.37. Philip Morris Int'l (NYSE: PM) is holding this ETF up today on a mixed day.
  
  The cigarette manufacturer lowered their FY10 EPS outlook, but just slightly.
  
  Shares of PM are up about 3% currently.
• iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 2.23% to $27.08.

• Philip Morris International Inc. (NYSE: PM) announced today that it has entered into an agreement to purchase 100% of the shares of privately owned Colombian cigarette manufacturer, Productora Tabacalera de Colombia, Protabaco Ltda.
  
  (Protabaco), for $452 million. Protabaco is the second largest tobacco company in Colombia, with an estimated 2008 volume of 6.1 billion cigarettes and an approximate market share of 31.8%.
  
  The Company reported net revenues of approximately $107.6 million in 2008. Its leading brands include Mustang, Premier and President.