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Federal Signal Corporation
Federal Signal Expects Profit for First Quarter
May 3rd, 2009
Federal Signal Corporation (NYSE:FSS), a leader in advancing security and well-being, announced preliminary results for the first quarter of 2009. Federal Signal expects to report first quarter earnings from continuing operations in the range of $0.01 to $0.03 per share. The Company had indicated on February 26, 2009, that it expected a loss in the first quarter. William H. Osborne, president and chief executive officer, said, "Our team's commitment has helped Federal Signal generate a first quarter profit despite the difficult economic environment. Costs associated with the hearing loss litigation were lower than expected, and we reduced the fixed cost structure at...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-03)
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