Wednesday, July 25, 2007

UPDATE 1-Reynolds American profit falls short

(Reuters) - The maker of Camel cigarettes and Grizzly smokeless tobacco
said second-quarter profit was $325 million, or $1.10 a share,
compared with $376 million, or $1.27 a share, a year earlier.




Excluding costs related to debt refinancing, earnings were
$1.14 a share. On that basis, analysts on average forecast
$1.21 a share, according to Reuters Estimates.


Read more at Reuters.com Market News

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