british american tobacco stock split Stock: Not Simply Philip Morris' Lagging Sibling (NYSE:BTI) British American Tobacco writes down

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Regulators pushing for restrictions face pushback from multiple fronts, including state-owned cigarette companies, which are significant economic contributors in some regions, as well as local governments wary of losing tax revenue and business owners who argue that smoking bans could lead to decreased foot traffic, especially for restaurants and cafs

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As tobacco use declines, American Tobacco invests in liquor, life insurance, office supplies, and hardware, among other things