Lorillard Inc. raised the prices on most of its cigarette brands this week, according to the company, and the other major cigarette manufacturers are expect to follow suit.  The 6-cents-per-pack (60-cents-per-carton) increase on Newport menthol, Kent and True cigarettes equates to a 1.5% price increase, according to a report from Nik Modi, tobacco analyst, UBS Securities LLC, New York, and comes on the heels of Liggett Vector Brands Inc.'s 7.5-cents-per-pack increase in October.
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