Thursday, April 19, 2007

American Standard profit tops forecast

(Reuters) - NEW YORK, April 19 - Heating and cooling systems maker American Standard Cos. , which plans to separate its businesses this year, posted higher quarterly profit on Thursday as commercial air-conditioning demand helped offset residential weakness.

The company also raised its full-year forecast, saying it saw continued global strength in the commercial air-conditioning market, including healthy demand in Europe.


Read more at Reuters.com Market News

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