H.B. Fuller Plunges Most in a Year After Cutting Outlook
H.B. Fuller Co. (FUL), a U.S. manufacturer of adhesives, dropped the most in a year after the company lowered its outlook for 2012 sales.
The shares fell 9.5 percent to $30.22 in New York, the biggest drop since Sept. 22, 2011.
The company, based in St. Paul, Minnesota, reported third- quarter results after the close of regular trading yesterday. It reduced its outlook for 2012 revenue to $1.875 billion to $1.9 billion from a June 25 forecast of $1.925 billion to $1.975 billion. See the full story at www.bloomberg.com.