Outlook Roundup: Actuant, Scotts Miracle-Gro

Innovation Update

Return to Article

The Associated Press

06/17/09 - 10:19 AM EDT

Among the earnings projection stories for Wednesday, June 17, from AP Financial News:

MILWAUKEE, Wis. (AP) Actuant Corp., which makes motion control systems and hydraulic and electrical tools and supplies, on Wednesday projected a fiscal fourth-quarter profit that would meet or beat current Wall Street predictions.

MARYSVILLE, Ohio (AP) The Scotts Miracle-Gro Co. raised its fiscal 2009 profit estimates Wednesday, saying demand for gardening products has remained strong in the U.S.

AUSTIN, Texas (AP) Chip maker Silicon Laboratories Inc. raised its financial outlook for the second quarter Wednesday, adding to other tentative signs of stabilizing demand for the semiconductor industry.

Visit TheStreet for more great features

TheStreet Premium Services

From the action-oriented investing ideas of Action Alerts PLUS by Jim Cramer to the expert technical trading strategies of Helene Meisler's Top Stocks, TheStreet.com offers a range of premium services to help boost your portfolio's performance. View now.

Expert Advisors Alerts Delivered to your Inbox

Action Alerts PLUS: Cramer's personal portfolio, emails before he acts.

RealMoney: 70+ experts share their top investing ideas and analysis.

Stocks Under $10: Alerts identify undervalued stocks with profit potential.

FREE NEWSLETTERS

Get an edge on the market with the help of free email newsletters like Jim Cramer's Daily Booyah!. Learn about the day's major market events, companies that sizzled or fizzled and lots more that can help you make more profitable investing decisions. Sign up.