Lexmark profit falls on lower printer sales

April 23 Tue Apr 23, 2013 7:10am EDT

April 23 (Reuters) - Lexmark International Inc reported a 43 percent drop in quarterly profit, hurt by lower sales of its printers.

Net income fell to $34.8 million, or 54 cents per share, in the first quarter, from $60.8 million, or 84 cents per share, a year earlier.

Revenue fell 11 percent to $884.3 million.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.