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Source: NC BUSINESS NEWS WIRE, 2/11/17
Cigarette manufacturer Reynolds American Inc. reported fourth-quarter earnings that beat expectations and rose more than 200 percent, according to a filing with the Securities and Exchange Commission. Reynolds American, which makes Camel and Pall Mall, reported earnings of $851 million, or 62 cents, beating expectations of 60 cents per share, according to a Form 8K. Revenue for the quarter rose 4.3 percent to $3.19 billion, slightly above Wall Street expectations.
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