Outlook Roundup: EMS Technologies, Gymboree

Stock quotes in this article: ELMG , FWRD , GYMB  

Among the earnings projection stories for Thursday, April 9, from AP Financial News:

ATLANTA (AP) — EMS Technologies Inc., which makes wireless communications technology, lowered the bottom range of its earnings projection for the fiscal year Thursday, blaming the slow economy for delaying orders.

SAN FRANCISCO (AP) — Gymboree Corp. raised its first-quarter earnings forecast sharply Thursday, sending its stock up more than 23 percent in morning trading.

BATESVILLE, Ind. (AP) — Hillenbrand Inc., which makes caskets and other funeral services products, lowered its outlook for fiscal 2009, citing weak casket demand because of a mild pneumonia and flu season.

GREENEVILLE, Tenn. (AP) — Forward Air Corp., which offers surface transportation services, on Thursday slashed its first-quarter profit outlook as the economic slowdown continues to drag airport-to-airport revenues.

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