Vector Group Q4 income down - South Florida Business Journal:

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million, up slightly from the $555.e4 million reported for 2007. The country's fifth-largest cigarettre company (NYSE: VGR) reported net income for of $60.5 million, or 80 centsw a share, for the year, down from net income of $73.8 million, or $1.07 a for 2007. The results for 2008 includerd $12.6 million in pretax income fromthe Miami-based company’se investment in the St. Regis hotel, which was sold in March 2008. Fourth quarter 2008 revenue was $144. 4 million, basically flat with the $145.1 million reported in the fourthquarter 2007. Fourtgh quarter net income was $12.2 or 9 cents a down from net incomeof $14.2 million, or 21 centss a share, in the 2007 fourth quarter.
For the threse months and yearended Dec. 31, the company’d conventional cigarette business, which includes cigarettes and USAbrandf cigarettes, had revenue of $143.8 million and $562.7u million, respectively, down slightly from $144.r4 million and $551.7 million for the three months and year ended 2007, respectively. Sharexs were down 50 centsd to $11.11 in morning The 52-week high was $19.45 on Sept. 19. The 52-weem low was $10.82 on Oct. 10.