Lexmark warning sinks HP

Investor's Business Daily – Sat, Jul 14, 2012 6:39 AM SGT

The printer maker's shares tumbled 16.3% to 20.36 after it warned of lower-than-expected Q2 profit late Thu. The news also sent Hewlett-Packard (HPQ) and Xerox (XRX) shares falling. Lexmark (LXK) now sees Q2 EPS of 87-89 cents, down from 95 cents-$1.05 earlier. The company cited a weaker-than-expected demand environment, particularly in Europe, and a larger-than-expected impact from unfavorable changes in currency exchange rates as reasons for the revised guidance. Hewlett-Packard shares fell 1.9% to 18.98. Xerox shares fell 1.8% to 7.27.

 
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
Save List to Portfolio »
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    NamePriceChange% Chg
    1.25840.00+0.09%
    USDSGD=X
    1.6135-0.00-0.11%
    EURSGD=X
    1.9089-0.00-0.06%
    GBPSGD=X
    81.74900.04+0.05%
    SGDJPY=X
    6.17040.01+0.10%
    SGDHKD=X
    2.4011-0.01-0.26%
    SGDMYR=X
    7,755.0391-39.36-0.50%
    SGDIDR=X
    4.8854-0.03-0.69%
    SGDCNY=X
    1.2257-0.00-0.07%
    AUDSGD=X
    More Currencies »
  • Commodities
    NamePriceChange% Chg
    1,364.70-28.60-2.06%
    GCM13.CMX
    22.35-0.45-2.00%
    SIN13.CMX
    97.49-3.30-3.28%
    ^XAU
    3.320.03+0.77%
    HGN13.CMX
    96.020.86+0.90%
    CLM13.NYM
    More Commodities »
  • Bonds
    TreasuryYield (%)Yield Change
    0.830.06
    ^FVX
    1.950.08
    ^TNX
    3.160.08
    ^TYX
    More Bonds »

MARKET MOVERS

  • Most Actives
    NamePriceChange% Chg
    0.196-0.00-0.51%
    I26.SI
    0.191-0.44-69.68%
    M41.SI
    0.1080.00+2.86%
    D4N.SI
    0.4950.03+5.32%
    GJ8.SI
    0.670.00+0.75%
    Y92.SI
    More Most Actives »
  • % Gainers
    NamePriceChange% Chg
    0.1450.03+26.09%
    G5X.SI
    0.670.07+12.61%
    5VJ.SI
    0.3850.03+10.00%
    594.SI
    1.5230.11+8.01%
    O9D.SI
    0.280.02+7.69%
    5OS.SI
    More % Gainers »
  • % Losers
    NamePriceChange% Chg
    0.191-0.44-69.68%
    M41.SI
    0.24-0.06-20.00%
    E94.SI
    0.117-0.01-10.00%
    D08.SI
    0.101-0.01-8.18%
    T16.SI
    0.715-0.06-7.14%
    L5I.SI
    More % Losers »