Lexmark Sinks after Lowered Guidance

Continental Air expects profits despite hurricanes and soaring jet fuel prices; plus more of Tuesday's stocks in the news

Shares of Lexmark (LXK ) moved sharply lower Tuesday after the company cut its third quarter earnings per share guidance to between 40 cents and 50 cents (excluding the estimated impact of a previous workforce reduction), and now expects a 4% to 5% revenue decline. S&P reiterated its hold on the stock.

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