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16:22 EDTMATW
theflyonthewall.com: Matthews Int'l remains cautious on FY10 outlook
The company's CEO Joseph C. Bartolacci said, "With respect to fiscal 2010, we remain cautious in our outlook. Based on our view of the markets that we serve, we expect continued challenges particularly in the next several quarters...On this basis, we currently estimate overall earnings for fiscal 2010 at a level relatively consistent with fiscal 2009 (excluding unusual charges from both years), with results relative to the comparable periods in fiscal 2009 improving as fiscal 2010 progresses." :theflyonthewall.com



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February 24, 2010
08:04 EDTMATW
theflyonthewall.com: Casket makers see business at a dead end, WSJ reports
As an increasing number of people choose cremation, the sale of caskets continues to decline, reports the Wall Street Journal, and the recession has made it worse as buyers spend less. Reference Link :theflyonthewall.com