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Among the earnings projection stories for Tuesday, Oct. 30, from AP Financial News: MARLBOROUGH, Mass. (AP) -- Drug developer Sepracor Inc. said Tuesday it will cut about 300 sales positions as part of a cost-cutting plan as it narrowed its earnings guidance for 2007. BALTIMORE (AP) -- Under Armour Inc. on Tuesday raised its 2007 revenue outlook, but the company's shares fell in premarket trading as it said its inventory doubled at the end of the third quarter and it plans to boost marketing spending, as a percentage of sales, in 2008. STAMFORD, Conn. (AP) -- Gartner Inc., an information technology market research company, forecast fiscal year 2007 earnings per share near the low end of previous guidance, but slightly increased its revenue outlook. CHICAGO (AP) -- Heidrick & Struggles International Inc., an executive search and consulting firm, on Tuesday raised its full-year revenue guidance on strong year-to-date results. NEENAH, Wisc. (AP) -- Bemis Co., which makes flexible packaging, said Tuesday its fourth-quarter profit will either remain at year-ago levels or rise slightly due to slow consumer demand and rising raw material costs. TAYLOR, Mich. (AP) -- Masco Corp. on Tuesday said it is on track to meet or slightly exceed the upper end of its 2007 profit forecast after third-quarter results came in ahead of expectations.
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