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February 13, 2013
09:30 EDTLOLorillard says bullish on 2013
Says estimates Q4 share of e-cigarettes category excluding internet sales was just over 30%. Says does not believe FDA menthol report will contain any policy recommendations, adds that Draconian regulation would have significant consequences. Says sees return to more normal price realization in 2013. Comments made on the Q4 earnings conference call.
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