Thursday, July 26, 2007

UPDATE 1-Technitrol 2nd-qtr profit rises, warns on 3rd-qtr

(Reuters) - Technitrol said it sees third-quarter operating profit to
be "generally comparable to second-quarter levels" at a roughly
20 percent tax rate.




Second-quarter net income rose to $20.9 million, or 51
cents per share, from $15.2 million, or 38 cents per share, a
year ago. Excluding items, the company reported a per share
profit of 49 cents, compared with the average analysts'
forecast of 42 cents, as compiled by Reuters Estimates.


Read more at Reuters.com Market News

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