Tuesday, 10 July 2007

Scotts shares rise on JP Morgan upgrade

(Reuters) - The upgrade came a day after Scotts lowered its yearly earnings outlook, which "mainly reflects unfavorable April weather, given a sharp 19 percent April decline in consumer purchases," JP Morgan said.




Scotts shares were up 5.32 percent, or $2.25, at $44.51 during morning trade on the New York Stock Exchange.


Read more at Reuters.com Hot Stocks News

No comments: