UPDATE: Lorillard Posts Lower Q4 Profit
Lorillard (NYSE: LO ) reported a 5.2% drop in its fourth-quarter earnings. Lorillard's quarterly profit slipped to $293 million, from a year-ago profit of $309 million. Its per-share earnings came in flat at $0.80 per share. Excluding special items, it earned $0.82 per share. Its sales climbed 2.3% to
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