Outlook Roundup: Scientific Learning, Chevron
Among the earnings projection stories for Friday, Oct. 9, from AP Financial News:
NEW YORK (AP) — Shares of educational software provider Scientific Learning Corp. surged more than 80 percent in morning trading Friday, after forecasting its third-quarter profit will jump at least tenfold as productivity improved and federal stimulus money flowing to school districts led to record sales. SAN RAMON, Calif. (AP) — Chevron Corp. expects its third-quarter earnings to be significantly higher than the second quarter on higher crude oil prices and gains from asset sales and tax items. NEW YORK (AP) — Inpatient rehabilitation services provider HealthSouth Corp. gave a positive third-quarter forecast on Friday, saying its adjusted profit will be greater than it was in third quarter of 2008.- Loading Comments...
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