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updated Tue October 30, 2007
Outlook Roundup: Steris Sees Higher Revenue in '08, Rent-A-Center 4Q Sales to Miss Street View
Among the earnings projection stories for Tuesday, Oct. 30, from AP Financial News:MENTOR, Ohio (AP) -- Steris Corp., which makes sterilization systems, said Tuesday it expects fiscal 2008 profit to range from ...
updated Tue October 30, 2007
LCA-Vision Expects Significant 4th-Quarter Earnings Drop, Suspends Revenue Guidance
CINCINNATI (AP) -- LCA-Vision Inc., which offers laser-vision correction services under the LasikPlus brand, predicted earnings will decline significantly in the fourth quarter, citing an uncertain near-term bu...
updated Tue October 30, 2007
Goodyear Swings to Profit in Third Quarter, Helped by Sale of Unit
CLEVELAND (AP) -- Goodyear Tire & Rubber Co., helped by the sale of its engineered products unit, swung to a big profit in the third quarter, even though North American tire sales were down 6 percent. Goody...
updated Tue October 30, 2007
Sohu.com Moves to All-Time High As Online Gaming Powers 3rd-Quarter Results and Forecasts
NEW YORK (AP) -- Shares of Sohu.com Inc. rose to an all-time high Tuesday morning, after the Chinese Internet portal operator forecast solid fourth-quarter and 2008 results, and said it will release a new onlin...
updated Tue October 30, 2007
Volcom Drops 23 Percent After Company Lowers 4th-Quarter, 2007 Guidance on Weak Sales
NEW YORK (AP) -- Shares of Volcom Inc. dropped Tuesday after the clothing and accessories maker said its fourth-quarter and 2007 results will be lower than expected due to slow sales.Investors moved quickly on ...
updated Tue October 30, 2007
Jarden Net Income Declines in 3rd Quarter, Hurt by Costs Related to an Acquisition
RYE, N.Y. (AP) -- Consumer-products maker Jarden Corp. on Tuesday said third-quarter profit fell 59 percent, hurt by costs related to an acquisition, but adjusted results beat analyst expectations.Jarden, which...
updated Tue October 30, 2007
On Semi 3rd-Quarter Earnings Fall 17 Percent As Manufacturing Services Revenue Declines
PHOENIX (AP) -- On Semiconductor Corp., which makes power and data management semiconductors, said Tuesday its third-quarter earnings fell about 17 percent as manufacturing services revenue declined.On Semicond...
updated Tue October 30, 2007
UBS Analyst Latest to Boost View of General Motors Following Union Contract
NEW YORK (AP) -- Shares of General Motors gained in early trading Tuesday after the automaker was upgraded by UBS.Analyst Rob Hinchliffe raised his rating on the shares by two notches, to "Buy" from "Sell," and...
updated Tue October 30, 2007
Energizer Posts 54 Percent Jump in 4th-Quarter Profit, but Falls Short of Wall St. Predictions
ST. LOUIS (AP) -- Energizer Holdings Inc., which makes batteries and Schick razors, said Tuesday its fiscal fourth-quarter profit jumped 54 percent on strong sales of razors and blades, as well as international...
updated Tue October 30, 2007
Commercial Metals 4th-Qtr Profit Falls 19 Percent on Costs, Lower Domestic Mills Production
NEW YORK (AP) -- Commercial Metals Co., a maker, seller and recycler of steel and other products, said Tuesday its fourth-quarter profit fell 19 percent, partly due to effects from a slow U.S. housing industry ...
updated Tue October 30, 2007
3M Settles Lithium Ion Battery Cathode Patent Suits With CDW and Hitachi Koki
ST. PAUL, Minn. (AP) -- Diversified conglomerate 3M Co. said Tuesday it settled its lithium ion battery cathode patent suits with CDW Corp. and Hitachi Koki USA.Under terms of the agreement, CDW and Hitachi Kok...
updated Tue October 30, 2007
Icad Founder and Chairman Robert Howard to Retire Effective Thursday
NASHUA, N.H. (AP) -- Robert Howard, the founder of icad Inc., plans to retire on Thursday, the maker of medical film digitizers for mammography images said Tuesday.The company said Howard was retiring to spend ...
updated Tue October 30, 2007
Amedisys' Profit Rises 91 Percent in 3rd Quarter on Hefty Bankruptcy-Related Gain; Shares Soar
BATON ROUGE, La. (AP) -- Shares of home health nursing provider Amedisys Inc. rose to a new 52-week high on Tuesday after the company reported its third-quarter profit nearly doubled on a hefty bankruptcy-relat...
updated Tue October 30, 2007
Opnext Names Former HP Executive Vice President Gilles Bouchard As Chief Operating Officer
EATONTOWN, N.J. (AP) -- Opnext Inc., which makes optical-based technologies for communications and data transmission, said Tuesday it has appointed Gilles Bouchard, 47, as chief operating officer, effective Thu...
updated Tue October 30, 2007
Outlook Roundup: Sepracor Narrows '07 Outlook; Under Armour Lifts '07 Revenue View
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-cu...
updated Tue October 30, 2007
Agco Raises 2007 Earnings Prediction, Expects Sales to Grow 20 Percent Over 2006
DULUTH, Ga. (AP) -- Agricultural equipment distributor Agco Corp. boosted its full-year profit forecast Tuesday amid strong third-quarter earnings. Shares rocketed to an all-time high.The company said it now ex...
updated Tue October 30, 2007
Outlook Roundup: Liz Claiborne Cuts 2007 Outlook, B/E Aerospace Boosts Year Earnings Target
Among the earnings projection stories for Tuesday, Oct. 30, from AP Financial News:NEW YORK (AP) -- Women's apparel company Liz Claiborne Inc. on Tuesday cut its 2007 profit outlook due to the weak performance ...
updated Tue October 30, 2007
FINRA Levies $1 Million Fine on Oppenheimer for Submitting Inaccurate Mutual Fund Data
WASHINGTON (AP) -- The Financial Industry Regulatory Authority said Tuesday it fined Oppenheimer & Co. $1 million for knowingly submitting inaccurate mutual fund breakpoint data.FINRA is a non-governmental ...
updated Tue October 30, 2007
Amedisys Raises Earnings Guidance for 2007, Issues 2008 Outlook Above Wall Street Expectations
BATON ROUGE, La. (AP) -- Home health nursing provider Amedisys Inc. Tuesday raised its full-year earnings outlook for 2007 and issued 2008 guidance above Wall Street's expectations.Shares of Baton Rouge, La.-ba...
updated Tue October 30, 2007
CNinsure's Initial Public Offering Expected to Price Between $13 and $15 Per ADS
NEW YORK (AP) -- Chinese independent insurance agency and brokerage CNinsure Inc. on Tuesday increased the expected price range of its planned initial public offering, according to a regulatory filing. The IPO ...
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