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July 10, 2007
Lexmark lowers earnings forecast
Two weeks before its earnings announcement, Lexmark International yesterday cut its second-quarter earnings forecast and offered a bleak outlook for its third quarter. The company attributed the change to its inkjet division, which has struggled since the latter half of 2005. Contributing to yesterday's revision were a decline in the sales of ink cartridges and reduced prices for inkjet hardware.
From Lexmark lowers earnings forecast
Posted by Sean at July 10, 2007 03:18 PM
