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RAI Ra International Group Plc

7.75
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ra International Group Plc LSE:RAI London Ordinary Share GB00BDZV6W26 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.75 7.50 8.00 7.75 7.75 7.75 40,755 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-indl Bldgs & Whse 58.29M 194k 0.0011 70.45 13.45M

R.J. Reynolds Raising Prices On Camel, Other Cigarettes

28/10/2009 2:20pm

Dow Jones News


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R.J. Reynolds is raising prices on Camel, Kool and other cigarette brands, joining competitor Philip Morris USA in continuing to boost prices to offset volume declines.

R.J. Reynolds is a unit of Reynolds American (RAI). The company is raising wholesale prices on brands such as Camel, Kool, Winston, Salem, Pall Mall and Doral by six cents a pack. Prices on some other brands such as Capri and Lucky Strike will go up by eight cents a pack.

Earlier this week, Altria Group Inc.'s (MO) Philip Morris USA unit announced price hikes on Marlboro and other cigarettes. For years, cigarette makers in the U.S. have faced falling volumes, hurt by smoking bans and higher taxes. They have sought to shore up profits by steadily hiking prices.

-By Anjali Cordeiro, Dow Jones Newswires; 212-416-2200; anjali.cordeiro@dowjones.com

 
 

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