Today, tobacco manufacturer, Reynolds American Inc (NYSE:RAI), announced earnings results for its second fiscal quarter. Profit rose to $364 million, or $1.24 per share, from $325 million, or $1.10, a year earlier. Revenue, however, dropped to $2.34 billion from $2.35 billion last year. Increased health awareness and prices have hurt sales, however the companies smokeless division did see a modest gain as smokers look for a cigarette alternative.

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