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Stock Market & Financial Investment News

News Breaks
December 20, 2012
10:27 EDTMLHRHerman Miller drops after weaker results and guidance, levels to watch
The stock is down over 3.5% at time of writing following an earnings miss for its Q2 as reported last night and a guidance cut for Q3 to well below consensus. At the current price of $20.50, next support is at $20.25,a pivot low, and then at $19.73. Resistance is at $20.89, its 10-day moving average.
News For MLHR From The Last 14 Days
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March 2, 2015
16:16 EDTMLHRHerman Miller promotes Stutz to CFO, announces departure of N.A. COO
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16:14 EDTMLHRHerman Miller sees FY15 revenue $2.118B-$2.153B, consensus $2.17B
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16:13 EDTMLHRHerman Miller sees Q4 revenue $530M-$560M, consensus $571.83M
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16:12 EDTMLHRHerman Miller sees Q3 revenue $513M-$518M, consensus $518.33M
Herman Miller announced preliminary sales and orders for Q3 in advance of its participation at the Raymond James Institutional Investors Conference on Wednesday, March 4. Herman Miller expects to report Q3 sales between $513M-$518M. The company expects to report new orders in the range of $497M-$502M in Q3, an increase of 7.1% to 8.2% from the prior year level.

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