Friday, April 27, 2007

UPDATE 1-Omnicare profit off, forecast is cut; stock slumps

(Reuters) - Omnicare, which supplies pharmaceuticals to nursing homes, reported first-quarter profit of $43.0 million, or 35 cents per share, down from $53.2 million, or 43 cents per share, a year earlier.

Excluding special items, earnings were 47 cents per share, down from 70 cents a year ago.


Read more at Reuters.com Market News

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