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Marlboro maker Altria 1Q profit up nearly 4 pct

Marlboro maker Altria Group Inc. said Thursday that its first-quarter profit rose almost 4 percent as higher prices and cost-cutting helped offset declines in cigarette volumes. The owner of the biggest US cigarette maker reported net income of $973 million, or 48 cents per share, for the three-month period ended March 31, up from $937 million, or 45 cents a … Continue reading Continue reading

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