Tisch family has removed tobacco from portfolio of Loews Corporation, spinning off its tobacco unit Lorillard as stand-alone business; Newport, Lorillard’s flagship company, represents more than 90 percent of new company’s revenue; new stock began trading and analysts say it might takover market; separating tobacco from Loews is timely step for socially and philanthropically prominent Tisch family, as Newport menthol cigarettes have been criticized by antismoking advocates and others; chart

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