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Profit Forecast News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Profit Forecast News

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  • EMC Lowers Profit Forecasts 25 Nov 2009 00:17 GMT
    ... Data storage company EMC Corp. has lowered its 2009 profit forecast because of a $100 million charge it will take this quarter from a restructuring ...

  • Barnes&Noble reports 2Q loss, cuts guidance 25 Nov 2009 01:15 GMT
    ... Barnes&Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and high costs of launching ...

  • EMC lowers 2009 guidance on $100M charge 25 Nov 2009 00:46 GMT
    ... $100M charge HOPKINTON, Mass. -- Data storage company EMC Corp. has lowered its 2009 profit forecast because of a $100 million charge it will take this quarter from a restructuring ...

  • Stocks in the News 25 Nov 2009 00:10 GMT
    ... networking company despite its first quarterly profit in a year. The bookseller cut its profit forecast for the current quarter and reported in its fiscal second quarter of its college-bookstore ...

  • Topdanmark raises '09 profit outlook as Q3 shines 24 Nov 2009 15:56 GMT
    ... The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or ...

  • Heinz, Hormel optimistic about sales in 2010 24 Nov 2009 14:51 GMT
    ... sales heading into the second half of its fiscal year and raised its full-year profit forecast. This year, Heinz has faced intense promotional discounting in the frozen food section by ...

  • Genesco 3Q profit rises, lifts 2010 forecast 24 Nov 2009 18:00 GMT
    ... shoppers' willingness to spend and its strong merchandise position. Genesco boosted its fiscal 2010 profit forecast, citing its quarterly performance. Earnings increased 27 percent to $11.4 million, or 50 cents ...

  • Genesco 3Q profit rises, lifts 2010 forecast 24 Nov 2009 18:28 GMT
    ... shoppers' willingness to spend and its strong merchandise position. Genesco boosted its fiscal 2010 profit forecast, citing its quarterly performance. Earnings increased 27 percent to $11.4 million, or 50 cents ...

  • Stocks in the news: Hewlett-Packard, Heinz, Medtronic, Hormel Foods 24 Nov 2009 14:55 GMT
    ... momentum heading into the second half of its fiscal year and raised its full-year profit forecast. Sales rose 2.5% to $2.67 billion. On an adjusted basis, the company beat estimates ...

  • Mixed data weighs on US stocks 24 Nov 2009 22:42 GMT
    ... increasing competition from cheaper brands in the recession. But Heinz still raised its full-year profit forecast, saying it was confident that shoppers would continue to cook at home. The shares ...

  • STOCKS NEWS US-Analog Devices results beat estimates, shares up 24 Nov 2009 14:13 GMT
    ... momentum heading into the second half of its fiscal year and raised its full-year profit forecast. For details see Shares were up 0.1 at $43.20 in premarket trading. 0812 EST ...

  • Medtronic earnings top estimates; raises outlook 24 Nov 2009 14:54 GMT
    ... largest standalone medical device maker, whose shares rose 5 percent, also raised its fiscal-year profit forecast. "They beat on the top line with strong, broad-based revenue growth and they are ...

  • STOCKS NEWS US-Barclays Capital raises price target on Ford 24 Nov 2009 15:54 GMT
    ... momentum heading into the second half of its fiscal year and raised its full-year profit forecast. For details see Shares were up 0.1 at $43.20 in premarket trading. 0812 EST ...

  • STOCKS NEWS US-US Airways bullish calls take off-analysts 24 Nov 2009 16:52 GMT
    ... momentum heading into the second half of its fiscal year and raised its full-year profit forecast. For details see Shares were up 0.4 percent at $43.35. 0812 EST 243Nov2009-Medtronic quarterly ...

  • STOCKS NEWS US-Traders become cautious on Origin Agritech 24 Nov 2009 17:14 GMT
    ... momentum heading into the second half of its fiscal year and raised its full-year profit forecast. For details see Shares were up 0.4 percent at $43.35. 0812 EST 24Nov2009-Medtronic quarterly ...


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