Lexmark (LXK)

Lexmark International Inc. (LXK) announced additional job cuts and reported third-quarter profit slumped 73% on restructuring costs - but also said demand is improving in both its hardware and printing services businesses.
Excluding the restructuring charges, Lexmark said Tuesday its results were far better than its downbeat forecast. The printer maker's fourth-quarter forecast came in above Wall Street estimates, helping to send the stock higher.

Oct 20 · 12:27:00 PM · Source: Wall Street Journal
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter