Source: Richard Craver, WINSTON-SALEM JOURNAL, 10/19/17

R.J. Reynolds Tobacco Co. continued to gain momentum and market share with traditional cigarettes during the four-week measuring period by Nielsen that ended Oct. 7. Bonnie Herzog, an analyst with Wells Fargo Securities, said Tuesday that the recent 10-cent per pack list price increase by Reynolds and Philip Morris USA is easing the impact of California’s $2 a pack increase in its tobacco excise tax.

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