Tobacco Stocks Still on Fire

With smoking bans across the globe, lawsuits, and social pressures, why hasn't the industry flamed out?

Later this month, Thank You For Smoking will present moviegoers with the sleazy machinations of a PR man fighting for Big Tobacco -- and Americans' cherished right to smoke. Based on a novel published in 1994, when smokers could light up in New York City restaurants and even on some commercial airline flights, his battle looks about as relevant today as the fight to promote Esperanto.

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