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Outlook Roundup: Royal Caribbean, Kraft



By AP
19 February 2008 @ 02:16 pm EST

Among the earnings projection stories for Tuesday, Feb. 19, from AP Financial News:

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NEW YORK (AP) Royal Caribbean Cruises Ltd. lowered its first-quarter earnings forecast Tuesday, citing a shift in the timing of certain expenses.

BOCA RATON, Fla. (AP) Kraft Foods Inc., the nation's biggest food and beverage maker, on Tuesday reaffirmed 2008 earnings guidance and projected long-term earnings-per-share growth of between 7 and 9 percent.

NILES, Ohio (AP) RTI International Metals Inc., which makes titanium mill products and fabricated metal components, on Tuesday issued a 2008 earnings prediction, after reporting fourth-quarter earnings that fell, but still beat Wall Street's expectations.

NEW YORK (AP) American Electric Power Co., one of the nation's largest power generators, on Tuesday backed its previous fiscal 2008 profit guidance in a regulatory filing.

RESTON, Va. (AP) Information-technology services company SI International Inc. issued first-quarter and full year 2008 profit predictions Tuesday below average Wall Street predictions.

CHARLOTTE, N.C. (AP) Hanesbrands Inc. said Tuesday it may have higher double-digit growth in 2008 earnings due to declining interest expense, a lower tax rate and the possibility of both building the brand and cutting costs.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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