Innovation Update

Outlook Roundup: Carnival, Abiomed

Stock quotes in this article: ABMD , CCL , ITT  

Among the earnings projection stories for Monday, May 18, from AP Financial News:

NEW YORK (AP) — Carnival Corp. said Monday its second-quarter and full-year earnings would be hurt by itinerary changes it made to keep its cruise ships from stopping at Mexican ports because of the swine flu.

DANVERS, Mass. (AP) — Heart treatment products maker Abiomed Inc. said Monday it expects up to a 25 percent boost in revenue in fiscal 2010, though the outlook falls short of Wall Street expectations.

WHITE PLAINS, N.Y. (AP) — Defense contractor ITT Corp. on Monday reaffirmed its 2009 profit and revenue guidance, staying within Wall Street expectations.

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