Liz Claiborne Lowers Forecast; Shares Down In Pre-Market
Liz Claiborne (NYSE: LIZ) lowered its forecast for the year.
Liz Claiborne now projects adjusted FY12 earnings before interest, taxes, depreciation and amortization of $125 million to $140 million, versus its earlier forecast of $130 million to $150 million.
LIZ shares fell 4.33% to $9.50 in pre-market trading.
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