Earnings roundup: Philip Morris, Hershey

Among the earnings stories for Wednesday, July 23, from AP Financial News: NEW YORK (AP)--Philip Morris International's earnings rose 23 percent in the second quarter, and the cigarette maker said Wednesday its growth has not been hurt by the inflationary pressures affecting many other consumer products companies. HARRISBURG, Pa. (AP)--Raising prices and streamlining its production lines helped Hershey to dramatically higher second-quarter sales and profit, the nation's largest candy maker said Wednesday, even as it absorbs spiraling commodity costs and puts new emphasis on marketing muscle. NEW YORK (AP)--Shares of health care information technology company Cerner Corp. rose Wednesday after the company said its second-quarter profit grew 31 percent due to improved sales in its support, maintenance and system services... [read full story]