Stitching: Classic
Virtually all universities as well as the largest pension fund for medical, academic, and government employees, TIAA-CREF, are heavy shareholders in two of the most profitable companies on the New York Stock Exchange, Altria and Philip Morris International
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The more cigarettes cost, the fewer are smoked, he said
(Reynolds American)"
By December, the company was valued at $38 billion, after the cigarette maker Altria bought a 35 percent stake