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Non-Tech : Olin - My favorite Company
OLN 22.28+7.0%2:12 PM EST

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To: richardred who wrote (64)3/12/2007 12:54:29 PM
From: richardred   of 170
 
Spartech Lifts 2007 Guidance
Monday March 12, 7:20 am ET
Spartech Raises 2007 Earnings Outlook

ST. LOUIS (AP) -- Spartech Corp., which makes plastic alloys and finished molded products, on Monday raised its full-year 2007 earnings guidance due to positive results in its first quarter.

The company boosted its outlook by 2 cents per share to $1.55 to $1.62 per share, excluding special items related to restructuring and exit costs. Earlier, the company had forecast a per-share profit of $1.55 to $1.60.

Wall Street analysts are looking for earnings of $1.57 per share, according to Thomson Financial.

Earlier Monday, the company reported its profit rose 43 percent in the first quarter, driven by slightly higher revenue and better margins.

biz.yahoo.com
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