Tobacco company Reynolds American 2Q profit up 4 pct on higher prices, lower legal costs

  • by: MICHAEL FELBERBAUM , AP Tobacco Writer
  • Updated: July 24, 2013 - 5:30 PM

RICHMOND, Va. — Reynolds American Inc. said Wednesday that its second-quarter profit rose 4 percent as higher prices and lower expenses from a longstanding legal settlement offset a decline in cigarette sales.

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