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.