Monday, July 9, 2007

U.S. Stocks Decline, Led by Lexmark; Tyco International Shares Retreat

(Bloomberg) -- Most U.S. stocks fell after Lexmark
International Inc. said second-quarter profit missed the
company's forecast and Citigroup Investment Research downgraded
Tyco International Inc.

Lexmark, the second-biggest U.S. printer maker, posted the
steepest drop in the Standard & Poor's 500 Index after it said
a slump in its consumer business will continue this quarter.
Tyco, the world's largest maker of security and fire systems,
slid after Citigroup lowered its rating on the shares to
``sell'' from ``hold.''


Read more at Bloomberg Stocks News

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