Thursday, May 31, 2007

UPDATE 1-Harris Corp. to buy private Multimax for $400 mln

(Reuters) - Harris also said it now sees fiscal 2007 earnings to be at
the lower end of its previous forecast of $2.77 to $2.81 a
share due to reserves expected in the current quarter from one
of its segments from schedule and cost overruns on a fixed
price satellite deployable mesh reflector program.




Analysts are expecting the company to earn $2.80, before
items, for fiscal 2007, according to Reuters Estimates.


Read more at Reuters.com Mergers News

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