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Holly LaFon

Columbia Management Comments on Lorillard

October 26, 2012 | About:

Lorillard (LO) is a producer of cigarettes for both the premium and discount segments of the domestic cigarette industry. Lorillard shares declined due to concerns about excess inventory in the channel and consecutive quarters of being unable to raise prices.

From Columbia Large Cap Fund third quarter commentary.


Rating: 2.7/5 (6 votes)

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