My spin: Hmmm. So Lexmark is down. HP is taking an offensive – and Dell, which sells Dell branded but Lexmark made printers has a few more months to go before we’ll see how their printer selling is doing.
News Clip: NEW YORK – Business television pretty much summed it up; Lexmark International is today’s disaster du jour.
The Lexington, Ky.-based company disappointed investors when it announced today that it missed second-quarter earnings estimates by one penny per share but even worse, Lexmark (nyse: LXK – news – people ) said third-quarter earnings per share would be as wide as 18 cents below consensus. Lexmark shares were getting pummeled this morning, down more than 18% to $59.84. (full story)
Latest posts by Ramon Ray (see all)
- Accounting Gets Artificial Intelligence: Xero’s New Service - March 16, 2017
- 4 Tips for Staying Safe on a Public Computer - January 20, 2017
- 5 Tips To Choosing Your Marketing Automation Provider - December 16, 2016