Investor's are getting impatient, but finally they will hear the good news on Jan. 31st. Altria Group will rid of their Kraft Foods business over the next few months. Analysts at major investment banks are saying with confidence (finally!) that it will be before the end of June. At the same time, Altria will also announce or at minimum hint that it will also split their international tobacco business from their US domestic business, Philip Morris USA.
MO should jump to $95 a bare minimum once this is announced, and maybe even close to $100. Outside of Kraft, rumor has it that Philip Morris international is also planning acquisitions on the global market, though no target has ever been released. Their price is at $87,50, dropping because Deutsche Bank's downgrade, which to me is rubbish.