R.R. Donnelley & Sons (RRD) Is Testing The Lows Of The Year
(RTTNews.com) - R.R. Donnelley & Sons (RRD) announced Monday that it now expects to report full year 2011 revenues of $10.6 billion, down from its prior forecast of $10.7 billion to $10.8 billion. The company also trimmed its adjusted operating margin expectations for the full year to a range of 6.6 to 6.7 percent from the earlier forecast of 6.8 to 7.0 percent.
R.R. Donnelley & Sons has been steadily declining since the open Tuesday and is now down 1.43 at $12.98 on above average volume. The stock is now testing support at the lows of the year, trading at over a 3-month low.
For comments and feedback: contact editorial@rttnews.com
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.