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Outlook Roundup: Texas Instruments



By AP
10 March 2008 @ 05:04 pm EST

Among the earnings projection stories for Monday, March 10, from AP Financial News:

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TXN 19.93 -0.71
SYKE 19.47 -1.09
FL 14.06 -0.54
FACE 5.44 0.1
IPAR 12.31 -0.16
WLP 41.25 -0.76
MDP 23.77 -0.68

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DALLAS (AP) Texas Instruments Inc., which makes chips used in about half the world's cell phones, lowered its range of expected profits and sales in the first quarter.

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TAMPA, Fla. (AP) Business outsourcing company Sykes Enterprises Inc. said Monday it expects first-quarter profit and sales in line with Wall Street's expectations.

NEW YORK (AP) Athletic footwear and apparel retailer Foot Locker Inc. on Monday forecast 2008 profit below analysts' estimates.

AZUSA, Calif. (AP) Cosmetics company Physicians Formula Holdings Inc. on Monday predicted 2008 profit below Wall Street predictions, citing expectations of continued industrywide softness in consumer spending.

NEW YORK (AP) Perfume maker Inter Parfums Inc. on Monday boosted its 2008 profit and revenue guidance, citing better-than-expected performance in 2007 and a good start to 2008.

NEW YORK (AP) Health insurer WellPoint Inc. cut its 2008 outlook Monday, citing higher-than-expected medical costs, lower fully insured enrollment and a weak economy.

NEW YORK (AP) Publishing and broadcasting company Meredith Corp. reaffirmed its fiscal third-quarter earnings estimate of 98 cents per share, according to a Securities and Exchange Commission filing on Monday.

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 This material may not be published, broadcast, rewritten or redistributed.

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