Morgan Stanley Maintains Equal-weight Rating For Terex: Here’s What You Require To Know Terex Nyse:tex
Smokeable segment, reported domestic cigarette volumes decline 9.2% in the third-quarter and 9% for the first-nine months, driven in-component by the continued macroeconomic pressures I described. When adjusted for trade inventory movements and other elements, domestic cigarette volumes for the third-quarter, in the very first-nine months, declined by an estimated ten% and 9.5% respectively. At the sector level, we estimate that the adjusted domestic cigarette volumes declined by eight.8% in the third-quarter and by 7.5% in the 1st-nine months. Just…