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.