Lorillard Hiking Prices..

September 25, 2007 - Lorillard Hiking Prices, Too Five-cents-per-pack increase follows other tobacco companies.. -- Citing industry contacts, Citigroup tobacco analyst Bonnie Herzog  said in a news “flash” late yesterday that Lorillard is following other cigarette manufactures by increasing the prices on its flagship Newport brand. Newport’s wholesale list price will increase by five cents per pack effective September 25, she said, adding, “This pricing action is in line with its main competitors, [Philip Morris USA] and Reynolds [American], who have both essentially taken prices up by around five cents per pack on most of their brands in the past two weeks.” Newport, Lorillard's top brand, is the No. 1 menthol cigarette brand in the United S