Outlook Roundup: Microchip Technology, Ceradyne

Among the earnings projection stories for Tuesday, June 9, from AP Financial News:

CHANDLER, Ariz. (AP) — Microchip Technology Inc. topped expectations with its fiscal first-quarter earnings forecast, citing improving profit margins and demand.

COSTA MESA, Calif. (AP) — Ceramics products manufacturer Ceradyne Inc. reduced its 2009 earnings guidance by more than half on expectations of lower armor shipments and further weakened demand for industrial ceramics.

PARAMUS, N.J. (AP) — Movado Group Inc. said it expects to earn 50 cents per share in fiscal 2010, assuming that sales improve in the second half of the year as the holidays approach.

FARGO, N.D. (AP) — Titan Machinery Inc., which runs construction and agriculture-equipment stores, reiterated its outlook for the 2010 fiscal year.