ibtimes.com
Jul 21, 2008
MEDINA, Ohio (AP) - RPM International Inc., a coatings and sealant company, on Monday forecast fiscal 2009 profit below Wall Street expectations following a fiscal fourth-quarter loss weighed down by charges. RPM expects profit around $1.85 for fiscal 2008, lower than the $1.89 per share estimate expected by analysts polled by Thomson Financial. RPM said acquisitions will boost growth in fiscal 2009. RPM said charges to cover anticipated asbestos costs led to a fiscal...
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