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Bar-code printer Zebra Technologies sees profits slip below expectations.
From:
Chicago Tribune (Chicago, IL)
| Date:
May 5, 2005
| COPYRIGHT 2005 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: Mike Hughlett
May 5--Zebra Technologies Corp. posted a weak first quarter Wednesday, falling short of expectations for the first time in nearly four years while its profits slipped 3 percent over the same period last year.
Zebra's stock sunk $3.32 or 7.3 percent Wednesday on the news, closing at $42.03, a 14-month low.
The shortfall at Vernon Hills-based Zebra, a maker of bar code printers, stemmed partly from weaker U.S. corporate tech spe...