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Reynolds American Shares Jump on Ruling  

Shares of tobacco giant Reynolds American Inc. shot up again Wednesday even as analysts cautioned that its second victory in a patent dispute case is likely to have little affect the company.

The stock rose as high as $66.53 Wednesday morning, 4.2 percent higher than the opening price and a better than 10 percent increase since the beginning of the week. By afternoon, shares traded $1.43 higher at $65.10. Over the past year, Reynolds American shares have traded as low as $55.89 and as high as $67.60.

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