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Actionable news in RAI: REYNOLDS AMERICAN Inc,

Reynolds Misses Profit Estimates, Hurt by Acquisition Expenses

Reynolds American Inc., the No. 2 seller of tobacco in the U.S., posted second-quarter profit that missed analysts’ estimates, hurt by lower cigarette sales volumes and increased acquisition-related interest expenses.

Earnings were 58 cents a share, excluding some items, the Winston-Salem, North Carolina-based company said in a...