Shares in Bausch & Lomb Inc. sunk lower in trading on the New York stock exchange after the eyecare company said it expected continuing weakness in its sunglasses business to negatively affect its fou…
Shares in Bausch & Lomb Inc. sunk lower in trading on the New York stock exchange after the eyecare company said it expected continuing weakness in its sunglasses business to negatively affect its fourth quarter earnings for 1996. The company said its fourth quarter figures were hit by reduced demand, including order cancellations from its largest customer, the US sunglass manufacturer Sunglass Hut International Inc.