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Lennox (LII +8.6%) moves higher after its Q3 report beat estimates, despite a 19% decline in Y/Y...

Lennox (LII +8.6%) moves higher after its Q3 report beat estimates, despite a 19% decline in Y/Y profit. Higher commodity costs hit margins and offset top-line growth, but not enough to impact already reduced expectations. The company also cuts its FY11 revenue growth outlook from 8% -11% to 7% -9%.
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