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Philip Morris Cos.: The New York-based conglomerate...

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From Times Staff and Wire Reports

Philip Morris Cos.: The New York-based conglomerate said third-quarter net income jumped 25% as its cigarette, foods and brewing units posted double-digit gains in operating income. For the quarter ended Sept. 30, net income totaled $937 million on revenue of $12.8 billion, up 16% from the same period a year ago.

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