Waters Cuts Q4 Revenue Guidance 4 Percent | GenomeWeb

NEW YORK (GenomeWeb News) — Waters said yesterday that weak demand and slowed spending have caused it to revise its estimated fourth-quarter 2008 and full-year financials by as much as 4 percent.

Waters, which said it will release is fourth-quarter and full 2008 earnings report Jan. 27, also said it does expect to generate free cash flow originally slated for select acquisitions, and that it will discontinue its stock-repurchase program.

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