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Outlook Roundup: Canadian Pacific



By AP
20 February 2008 @ 03:09 pm EST

Among the earnings projection stories for Wednesday, Feb. 20, from AP Financial News:

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CP 40.51 -0.68
EQY 18.18 1.73
UPL 38 -2.21
KND 23.05 2.3
EPIX 0.38 -0.07

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NEW YORK (AP) Railroad operator Canadian Pacific Railway Ltd. on Wednesday reduced its profit expectation for the full year, citing a recent move by the Canadian Transportation Agency that could impact results.

NORTH MIAMI BEACH, Fla. (AP) Shopping center developer Equity One Inc. on Wednesday issued full-year funds from operations guidance mostly below Wall Street's expectations.

HOUSTON (AP) Ultra Petroleum Corp., which produces natural gas in Wyoming, said Wednesday it plans to spend $755 million on capital projects this year as it aims to boost production by 18 to 22 percent.

NEW YORK (AP) German health group Fresenius Medical Care AG, which provides dialysis products and services, said Wednesday it expects revenue to continue rising in 2008.

LOUISVILLE, Ky. (AP) Shares of health care services company Kindred Healthcare Inc. tumbled to a new annual low Wednesday after the company forecast first-quarter and full-year 2008 earnings below Wall Street expectations.

LEXINGTON, Mass. (AP) Biotechnology company Epix Pharmaceuticals Inc. said Wednesday it expects a revenue jump in 2008, topping Wall Street expectations.

CHICAGO (AP) Midwestern utility Integrys Energy Group Inc. said Wednesday it expects 2008 earnings potentially above Wall Street's estimates.

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 This material may not be published, broadcast, rewritten or redistributed.

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