Reynolds American 2q Profit Climbs 6.7 Percent

WINSTON SALEM, N.C. (AP) — Reynolds American Inc. says its profit rose by 6.7 percent in its second quarter, topping analysts' expectations. The Winston Salem, North Carolina-based company said earnings increased to $492 million, or 92 cents per share, from $461 million, or 84 cents per share, in the same quarter a year earlier. Earnings, adjusted for non-recurring gains, were 89 cents per share.

 

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