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(NEW YORK)Tobacco products producer Lorillard Inc. will replace Ambac Financial Group Inc. in the S&P 500 after the close of trading June 10, Standard & Poor's said Tuesday.READ MORE

Among the earnings stories for Monday, April 28, from AP Financial News: POUGHKEEPSIE, N.Y. (AP) _ CH Energy Group Inc., a New York utility and fuel distributor, said Monday its fi...READ MORE

(NEW YORK)Carolina Group's profit slipped 10 percent in the first quarter on weaker investment returns and higher advertising costs, the cigarette maker said Monday.READ MORE

(NEW YORK)Shares of tobacco companies were mostly higher Monday afternoon after the Altria Group Inc. holding company spun off its international cigarette operations into a separate company,...READ MORE

(NEW YORK)Diversified holding company Loews Corp. announced a regular quarterly dividend of 45.5 cents. The company said the dividend is payable March 14 to shareholders of record as of Marc...READ MORE

(NEW YORK)Loews Corp. said Monday its profit shrank 37 percent in the fourth quarter as the conglomerate's insurance subsidiary lost money on its investments and the oil drilling unit incurr...READ MORE

(NEW YORK)Carolina Group's profit shrank 6 percent in the fourth quarter because of costs stemming from lawsuits over tobacco, the cigarette maker said Monday. Carolina Group earned $206 mil...READ MORE