Ultra Clean Holdings raises guidance on improved semiconducter businessOctober 8th, 2009 Ultra Clean Holdings raises guidance for quarterHAYWARD, Calif. — Ultra Clean Holdings Inc.
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.
International Rectifier's estimates for 1st-quarter revenue top analysts' expectationsAugust 25th, 2009 International Rectifier issues 1Q sales guidanceEL SEGUNDO, Calif. — International Rectifier Corp., which makes power management chips for satellites and aircraft, on Tuesday offered revenue guidance for the first quarter above Wall Street's estimates.
S&P reaffirms Con-way investment grade rating, but outlook negativeAugust 17th, 2009 S&P reaffirms Con-way investment grade ratingNEW YORK — Ratings agency Standard & Poor's affirmed its BBB- rating for Con-way Inc. on Monday, but suggested that weak demand and competitive prices will continue to hurt the trucking company's earnings and credit standing.
Jefferies analysts says Herbalife shares could dip because of 3rd-quarter guidanceAugust 4th, 2009 Ahead of the Bell: Herbalife guidance in focusNEW YORK — A Jefferies & Co. analyst says shares of nutritional supplement company Herbalife Ltd.
Power company Xcel reaffirms profit outlook of $1.45-$1.55 per shareJuly 30th, 2009 Xcel reaffirms 2009 profit outlookMINNEAPOLIS — Power company Xcel Energy on Thursday reaffirmed its 2009 profit outlook as rate increases in several states have helped offset lower demand for electricity caused by the recession. Xcel said it expects to make $1.45 to $1.55 per share.
Alpha Natural Resources reaffirms commitment to buy rival Foundation CoalJuly 24th, 2009 Alpha reaffirms commitment to Foundation dealCHARLESTON, W.Va. — Alpha Natural Resources is confirming its commitment to buy rival mine operator Foundation Coal.
German drug, chemical maker Merck second quarter net profit falls 48 percent to euro109 millionJuly 24th, 2009 Merck Q2 net profit falls 48 percent to euro109 MFRANKFURT — German drug and chemical maker Merck KGaA said Friday its second quarter net profit fell 48 percent as higher research costs and one-time effects from the acquisition of Serono weighed on the bottom line. The Darmstadt-based company reported a net profit of euro108 million ($153 million) in the April-June period compared with euro207 million a year earlier.
Wipro IT services revenue to be flat in second quarterJuly 22nd, 2009 BANGALORE - Wipro Ltd projected revenue of $1.03-1.05 billion from its global IT services for the second quarter (July-September) of this fiscal (2009-10). In a regulatory filing Wednesday, the IT bellwether said the guidance was based on its performance in the first quarter (April-June) when its flagship business division revenue at $1.03 billion showed decline of 1.3 percent sequentially and 3.3 percent year-on-year (YoY).
Mo. tourism commission reaffirms Tour of Missouri support in face of potential funding cutJuly 11th, 2009 Mo. commission reaffirms Tour of Missouri supportJEFFERSON CITY, Mo. — Missouri tourism officials and professional cycling teams are reaffirming support for the Tour of Missouri race in the face of budget cuts that could force its cancellation.
Infosys projects marginal decline in revenuesJuly 10th, 2009 BANGALORE - Technology meltdown and currency volatility have forced Infosys Technologies Ltd to lower its guidance for the second quarter (July-September) and the entire fiscal (2009-10), projecting a marginal decline in revenues. In its regulatory filing Friday, the IT bellwether said consolidated income in the second quarter (Q2) is expected to be Rs.53.18-54.13 billion (Rs.5,318-5,413 crore), which is a decline of 1.9-0.1 percent year-on-year (YoY), as per the Indian accounting standard.
Tiffany 1st-quarter earnings fall 62 percent, as consumer spending remains sluggishMay 29th, 2009 Tiffany's 1st-quarter profit tumbles 62 percentNEW YORK — Jewelry retailer Tiffany says its first-quarter profit plunged 62 percent on a steeper-than-expected drop in sales as consumers continued to pull back on spending. Still, the earnings matched Wall Street's expectations.
Kohl's same-store sales better-than-expected in April; retailer raises guidanceMay 8th, 2009 Kohl's sales fall 6.2 percent in AprilMENOMONEE FALLS, Wis. — Kohl's Corp.
Constellation Energy posts 1st-quarter loss, but reaffirms full-year outlookMay 5th, 2009 Constellation Energy posts 1Q loss on itemsBALTIMORE — Utility company Constellation Energy Group Inc. on Tuesday posted a first-quarter net loss on several one-time losses, but reaffirmed its full-year earnings outlook.
Wipro resisted meltdown last fiscal but yields in new fiscalApril 22nd, 2009 BANGALORE - India's third largest IT bellwether Wipro Ltd, which resisted global meltdown to post double-digit growth in fiscal 2008-09, has succumbed in the beginning of the new fiscal (2009-10) to project lower revenue guidance from its global IT services business. 'Flat sequential growth and uncertainty in a subdued environment have made us project lower revenue guidance from global IT services in the range of $1-1.03 billion for first quarter (April-June) of FY 2010,' Wipro chief financial officer Suresh Senapaty told IANS here Wednesday.
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