Outlook Roundup: Charming Shoppes, Actuant
The Associated Press
03/18/09 - 10:32 AM EDT
Among the earnings projection stories for Wednesday, March 18, from AP Financial News:
BENSALEM, Pa. (AP) Women's apparel retailer Charming Shoppes Inc. on Wednesday it will likely report a loss in its first quarter due to an expected double-digit decline in same-store sales.
MILWAUKEE, Wis. (AP) Actuant Corp., a manufacturer of motion control systems and hydraulic and electrical tools and supplies, said Wednesday it expects fiscal third-quarter and full-year profit and sales below Wall Street expectations as demand softens amid the global recession.
NEWARK, N.J. (AP) Public Service Enterprise Group Inc. on Wednesday reaffirmed its 2009 profit guidance of $3 to $3.25 per share.