Sunday, December 6, 2009

11/8-11/14

There were no big stories regarding the cigarette industry as a whole this week, but one particular story did seem to catch the eyes of investors everywhere. The Reynolds American company recently released that it is trying to buy out a smoking cessation company. It has raised eyebrows of people everywhere, making them wonder why a cigarette company would buy a company that is making products to stop people from smoking. If the company does do this buyout, and starts picking up business, I could potentially see every cigarette company getting involved in these kinds of business actions.

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