NEW YORK - Lexmark International the maker of laser and inkjet printers saw it stock price rise when it recorded fourth quarter earnings today. In the quarter the company said earnings were $88 million or $1.11 a share. The company said Non GAAP earnings surged to $1.29 a share. The company also guided first quarter earnings of $1.08 to $1.18 a share. For the full year the company posted earnings of $4.26 a share or $340 million. The share price is up over 10% as investors forget former CEO Paul Curlander in favor of new CEO Paul Rooke. The company's shares dropped 20% when they announced Q3 earnings coupled with the announcement of Curlander's move to Chairman from CEO after leading the company for 12 years. The share price before Curlander stepped down was $47.7.
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