Wednesday, May 19, 1999
TRISTATE MARKET SPOTLIGHT
Hillenbrand earnings miss mark
Hillenbrand Industries Inc. said after the market closed Tuesday that second quarter operating earnings will be about 59 cents a share, 12 cents below analysts' estimates of 71 cents compiled by First Call.
Stock of the Batesville, Ind., hospital bed and funeral products company closed Tuesday up 121/2 cents at $47.561/4.
Hillenbrand, which will report results July 6, said its Hill-Rom hospital bed unit was experiencing lower sales in long-term residential care products and lower profit margins in acute care beds.
Fed warning: Rates could rise
TRISTATE MARKET SPOTLIGHT
Banana profits to trail forecast
Airport rated No. 2 in nation
Movie mania strikes stores
Bank One offering special home loans
TRISTATE BUSINESS SUMMARY
INDUSTRY NOTES: MEDIA & MARKETING
PEOPLE ON THE MOVE