Telvent 4Q profit rises, helped by tax gain
ROCKVILLE, Md. â Spanish information technology company Telvent Git SA said Friday that its fourth quarter profit rose 3 percent as a tax benefit more than offset a decline in revenue.
But its 2010 forecast missed analyst estimates, and investors sent shares down sharply.
The company earned 16.3 million euros .... Original source : Telvent 4Q profit rises, helped by tax gain, but weak forecast sends shares lower.
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