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Lawson Software expects third-quarter results below the Street

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Lawson Software (Nasdaq: LWSN) said this morning that it expects to report weaker-than-forecasted results for its fiscal first quarter, as a slower economy has begun to weigh on sales.

Shares lost 6%, or $0.41, to $6.45 at 9:55 a.m. ET. For detailed price information and news stories on Lawson Software, click LWSN.