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Reynolds American 2nd-Quarter Net Rose 4.1% on Higher Smokeless-Tobacco Demand
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July 24, 2013
Reynolds American Inc.'s ( RAI ) second-quarter earnings rose 4.1% on higher prices and increased demand for smokeless tobacco. The nation's second-largest tobacco company behind Altria Group Inc. (MO) has seen its top line challenged by an industry-wide decline in cigarette volumes and a weak econ...
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