Outlook Roundup: Parker Hannifin, Plexus

Stock quotes in this article: PLXS  

Among the earnings projection stories for Thursday, April 16, from AP Financial News:

CLEVELAND (AP) — Parker Hannifin Corp. cut its fiscal full-year earnings forecast Thursday on declining orders and a cautious stance on a market recovery.

NEENAH, Wis. (AP) — Plexus Corp. said Thursday that its adjusted fiscal second-quarter profit will likely top the high end of its prior forecast due to a lower-than-expected tax rate and cost cuts.

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