Vector Group Profit And Revenue Rise

Source from:  Miami Herald 03/03/2010

Vector Group, the Miami-based tobacco company, said fourth-quarter net income rose to $13.4 million, or 19 cents per share, compared to $12.2 million, or 8 cents per share, in the 2008 fourth quarter. Revenue grew 64 percent to $236.7 million. The revenue increase was attributed to higher federal excise taxes. Enditem