Comment on Cigarette maker Lorillard 1Q profit falls 17 pct

Cigarette maker Lorillard 1Q profit falls 17 pct

(AP) — Tobacco company Lorillard says its first-quarter profit fell more than 17 percent as its costs rose, it sold fewer cigarettes and its year-ago results benefited lower expenses from a longstanding legal settlement. The brand's U.S. retail market share grew to 13 percent.

 

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