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L.B. Foster Co (FSTR) Cut to "Strong Sell" at Zacks Investment Research

2016-03-05 07:15:48| Railroads - Topix.net

According to Zacks, "LB Foster's fourth-quarter 2015 earnings and revenues missed its respective Zacks Consensus Estimates by 13.6% and 6.6%. Quarterly revenues were hurt by unfavorable currency fluctuations, soft sales in Union Pacific Railroad business, lower steel prices, poor piling products demand and weak volumes.

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