Vector Q2 loss more than triples - South Florida Business Journal:

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The cigarette holding company said itlost $16.9 or 43 cents a on revenue of $121.9 million in the second For the same period the year before, Vector said it lost $4.9 million, or 13 cents a on revenue of $131.2 million. Analysts had predicted the companh would report earning 8 cents a a targetVector missed. The most recent results, the companyy said, include a $37 pre-tax, non-cash charge to adjust the carryinhg value of excess leaf tobacclo inventory forits brand. The results also includr pre-tax restructuring and impairment chargesof $2.4 Vector added. The company said its conventional cigarette which includes cigarettes and USAbrand cigarettes, had revenueds of $115.
6 million, down from $120.8 milliom for the prior-year period. Shares closed down 10 centsz to $15.41. The 52-week high was $18.25 on Feb. 25. The 52-weem low was about $13.32 on Aug. 25.