Outlook roundup: Lubrizol boosts guidance, Delta says available cash will continue to dwindleSeptember 14th, 2009 Outlook roundup: Lubrizol, Delta Air LinesAmong the earnings projection stories for Monday, Sept. 14, from AP Financial News:
CLEVELAND (AP) — Lubrizol Corp.
FedEx boost 1Q profit guidance due to improved international demand, cost cut, shares jumpSeptember 11th, 2009 FedEx boosts 1Q earnings guidance, shares jumpMEMPHIS, Tenn. — FedEx Corp., the world's second largest package delivery company, raised its first-quarter earnings forecast on Friday, citing better-than-expected international shipments and cost-cutting.
FedEx predicts better fiscal 1st-qtr profit due to improved international demand, cost cutsSeptember 11th, 2009 FedEx sees better fiscal 1Q earningsMEMPHIS, Tenn. — FedEx is raising its first-quarter earnings forecast, citing better-than-expected international shipments and cost-cutting.
Monsanto expands plan to cut work force by 8 percent, up from previous plan to cut 4 percentSeptember 10th, 2009 Seed company Monsanto plans deeper staff cutsST. LOUIS — Monsanto Co., the world's biggest seed maker, said Thursday it plans to make deeper work force cuts than previously announced, saying it will reduce its staff by about 8 percent to cut costs.
Brink's contributes $150 million to underfunded pension, move expected to lift earningsAugust 20th, 2009 Brink's Co. contributes to underfunded pensionRICHMOND, Va. — Armored car company Brink's Co.
Dr. Pepper Snapple Group increases its full-year adjusted earnings forecastAugust 13th, 2009 Dr. Pepper Snapple raises 2009 adj. profit outlookPLANO, Texas — Dr.
Fossil raises full-year profit guidance again, says recession will weigh on quarterly resultsAugust 11th, 2009 Fossil increases full-year earnings forecast againRICHARDSON, Texas — Fossil Inc, which makes watches and other fashion accessories, raised its full-year earnings outlook for the second time in three months after reporting second-quarter results that beat analysts' estimates. The company now expects 2009 profit of $1.63 to $1.73 per share.
Kellogg profit increases in second-quarter, ahead of Street expectationsJuly 30th, 2009 Kellogg profit rises 13 percent in 2QPORTLAND, Ore. — Kellogg Co.
Kimberly-Clark 2nd-quarter earnings decline 3 percent, but lifts 2009 profit, sales outlookJuly 23rd, 2009 Kimberly-Clark 2Q profit declines 3 percentDALLAS — Kimberly-Clark Corp. said Thursday its profit slipped 3 percent in the second quarter, but the maker of Huggies diapers and Kleenex tissue lifted its 2009 outlook because it expects a smaller hit from the strong dollar.
VF says it continues to expect revenue to decline in 2009, due to weak economy, strong dollarJuly 22nd, 2009 VF reiterates 2009 guidanceGREENSBORO, N.C. — Apparel maker VF Corp.
Kellogg 1st-quarter profit rises 2 percent on prudent cost cuts as sales dipApril 30th, 2009 Kellogg 1Q profit climbs despite sales dipGRAND RAPIDS, Mich. — Kellogg Co., maker of Pop-Tarts toaster pastries and All-Bran cereal, said Thursday that cutting costs helped its profit climb 2 percent in the first quarter even as sales declined.
Skechers shares rise as it posts surprise 1st-qtr profit on cost cutting, inventory controlApril 30th, 2009 Skechers shares rise on strong 1Q earningsMANHATTAN BEACH, Calif. — Shares of footwear maker Skechers USA Inc.
Starwood Hotels 1st-qtr profit falls 81 percent, but surpasses Wall Street's forecastApril 30th, 2009 Starwood 1Q profit drops, but results top StreetNEW YORK — Starwood Hotels & Resorts Inc. said Thursday that its first-quarter profit plunged 81 percent, but deep cost cuts helped the lodging company's adjusted results beat Wall Street's expectations.
Boeing loses $56 mn in fourth quarterJanuary 28th, 2009 CHICAGO - Boeing Co lost $56 million or eight cents per share in the fourth quarter, the company announced Wednesday. The revenues for the quarter declined by 27 percent to $12.7 billion as a result of the worker's strike that reduced commercial airplane deliveries by approximately 70 units and revenues by about $4.3 billion, the company said in its financial report released here.
Unisys to cut 1,300 jobsDecember 22nd, 2008 WASHINGTON - US-based IT consulting and solutions major Unisys Corp has announced that it will cut around 1,300 jobs globally as part of the company's cost-cutting measures. Unisys is exploring a wide range of cost-reduction options 'to reduce its annual cost structure by more than $225 million', a company statement said Monday.