Ten U.S. companies disclose sales exposure to Russia, and that exposure isn't very big, Bank of America says. “S&P 500 companies' direct exposure to Russia is de minimis, representing just about 0.1% of total sales,” Bank of America analysts write in a commentary. “There are only 10 companies that disclose sales exposure to Russia, all of which have less than 10% sales exposure to the country. Russia sales exposure: 8%. “Philip Morris and Swedish Match (SWMAY) have confirmed talks are ongoing between them regarding a potential acquisition of Swedish Match by Philip Morris,” he wrote in a May commentary.

Source: The Star June 08, 2022 17:44 UTC