Outlook Roundup: Lubrizol, Silgan Holdings
Among the earnings projection stories for Thursday, April 30, from AP Financial News:
CLEVELAND (AP) Specialty chemical maker Lubrizol Corp. on Thursday raised its outlook for 2009 earnings above Wall Street expectations. STAMFORD, Conn. (AP) Silgan Holdings Inc., a packaging manufacturer, on Thursday backed its full-year profit outlook and forecast lower second-quarter profit. PITTSBURGH (AP) Generic drugmaker Mylan Inc. raised the low end of its annual outlook Thursday after reporting a larger than expected profit in the first quarter. PLEASANTON, Calif. (AP) Grocery store operator Safeway Inc. on Thursday lowered its full-year outlook as weak sales and lower fuel prices persisted. The company now expects earnings of $2.10 to $2.30 per share in 2009, down from previous guidance of $2.34 and $2.44 per share. Analysts expect $2.23 per share. The company also cut capital spending to $1 billion from $1.2 billion.- Loading Comments...
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