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STOCKS NEWS US-Tobacco index rallies as companies raise outlooks 

Jump to full article: AFX News, 2009-07-23

Intro:

The Dow Jones U.S. Tobacco index rallied on Thursday, after two major tobacco companies reported second-quarter results that beat expectations and raised their 2009 outlooks. Philip Morris raised its full-year profit view to $3.10 to $3.20 a share while Reynolds American (NYSE: RAI - news) lifted its view to $4.40 a share from $4.60 a share.

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