Outlook Roundup: Pentair, Ametek

Among the earnings projection stories for Tuesday, April 21, from AP Financial News:

MINNEAPOLIS (AP) — Pentair Inc., which makes systems used to treat and store water, slashed its earnings prediction for the full year on Tuesday, citing the expectation that already plunging demand will remain weak.

PAOLI, Pa. (AP) — Ametek Inc., a manufacturer of electric motor and aircraft monitoring equipment, on Tuesday offered profit guidance for its second quarter and fiscal 2009 year lower than Wall Street analysts' estimates.

NEW YORK (AP) — Drug developer Forest Laboratories Inc. said Tuesday it expects a profit boost in fiscal 2010, driven by sales of the Alzheimer's disease drug Namenda, while sales of the antidepressant Lexapro remain flat.

ENGLEWOOD, Colo. (AP) — Western Union Co. maintained its full-year earnings outlook Tuesday after reporting its first-quarter profit rose 8 percent.

LEXINGTON, Ky. (AP) — Lexmark International Inc., which provides printing products and services, said Tuesday it expects to report a decline in its second-quarter profit, though it guided for results in line with Wall Street estimates.