Tuesday, June 19, 2007

Brush Engineered Materials (BW)

After the market close (BW) lowered their Q2 EPS guidance and also lowers FY07 EPS guidance. Sites weaker market conditions as one of the reasons.

Expect this to have a negative effect on the metals sector tomorrow. The metals industry has had a good run lately. This news from BW may put a speed bump in the road here for this sector.

FP80

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