's profit dipped 95 percent in the third quarter due to restructuring charges and higher fuel and raw materials costs. The Atlanta-based cleaning and maintenance chemicals company, which spun-off from Acuity Brands Inc. in...
Acuity Brands (AYI) dropped nearly 15% on Wednesday after the company's third quarter earnings beat expectations but forecast a weak outlook for the rest of the year. The stock gapped open lower and continued to drop for the...
posted on: July 03, 2008 | about stocks: AYI Executives Dan Smith – Treasurer and Secretary Vernon J. Nagel - Chairman, President, and Chief Executive Officer Richard K. Reece - Executive Vice President and Chief Financial...
ATLANTA (AP) - Lighting equipment maker Acuity Brands Inc. said Wednesday its fiscal third-quarter profit rose 6 percent, helped by sales of energy-efficient lighting and the benefit of the weaker dollar. Profit for the quarter...
NEW YORK (AP) - Shares of lighting-equipment maker Acuity Brands fell Wednesday, as the company's fiscal third-quarter earnings beat expectations but the company forecast a weak environment for the remainder of the year. Shares...
Stocks in the news on Wednesday The Wall Street Journal reports that Microsoft is positioning itself for a new run at Yahoo's search business and has approached media firms, including Time Warner and News Corp. , about joining...
Lighting equipment maker Acuity Brands Inc. was among the biggest decliners on the Standard & Poor's Smallcap 600 Index after the company forecast a weak environment for the rest of the year, helping tug the index lower at...
Among the earnings projection stories for Wednesday, July 2, from AP Financial News: MINNEAPOLIS (AP)--UnitedHealth Group Inc. will cut at least 4,000 jobs, or 5 percent of its workforce, in a restructuring and warned Wednesday...
Wednesday July 2, 2:31 pm ET Outlook roundup: UnitedHealth will cut jobs, sees profit shrinking; Technitrol cuts guidance Among the earnings projection stories for Wednesday, July 2, from AP Financial News: MINNEAPOLIS (AP) --...
July 2, 2008 (FinancialWire) (By Dr. Joe Duarte) The combination of thin trading and the potential for surprises beyond or beneath expectations makes the end of this week a potential firestorm for traders. As usual we start by...