The 2nd Quarter showed a 20% decline in profit for Cintas Corp. In after-hours trading, shares of Cintas dropped $2.43, or more than 8 percent, to $27.16. The stock had ended the trading day up 6 cents at $29.68.
Company CEO Scott Farmer said “Cintas's business has stabilized, but warned that broader job growth would be slow. He also said that the third quarter, which has fewer workdays, is generally more "challenging" for the company.”
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About PMI Mortgage Insurance Co.
PMI Mortgage Insurance Co. (NYSE: PMI), is headquartered in Walnut Creek, CA and provides credit enhancement solutions that expand homeownership while supporting our customers and the communities they serve. Through its wholly and partially owned subsidiaries, PMI offers residential mortgage insurance and credit enhancement products.
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