Lexmark Wraps up Brutal 2012 with Big Profit Decline


On January 29, Lexmark announced its grim fourth-quarter and full-year 2012 financial results, putting the final punctuation on a brutal year for the firm.To recap, Lexmark began the year by announcing it would restructure (see “Lexmark to Cut Jobs as Core Businesses Grow but Revenue and Earnings Decline”). The company then reported a steep earnings

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