News Summary: Marlboro maker Altria's 4Q profit up on higher cigarette, smokeless prices

  • by: The Associated Press , Associated Press
  • Updated: January 31, 2013 - 8:14 AM

THE RESULTS: Marlboro maker Altria Group's fourth-quarter profit rose about 32 percent to $1.1 billion as it commanded higher prices for cigarette and smokeless tobacco and expanded its industry-leading share of the U.S. market. Revenue, excluding excise taxes, rose 3 percent to $4.46 billion.

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