Wednesday, July 25, 2007

Rockwell Auto profit beats Street, raises outlook

(Reuters) - Strong growth and improved margins at its architecture and software unit, which provides systems to help factories run more smoothly, drove the increase, sending shares up as much as 6 percent.




Rockwell reported profit of $164.2 million, or $1.05 per share, compared with $149 million, or 83 cents per share, a year earlier.


Read more at Reuters.com Hot Stocks News

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