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Outlook Roundup: JC Penney, Noble Int'l



By AP
28 March 2008 @ 05:11 pm EST

Among the earnings projection stories for Friday, March 28, from AP Financial News:

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JCP 15.14 0.76
NOBL 0.26 -0.1
DM 3.62 0.03

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PLANO, Texas (AP) J.C. Penney Co., the big middle-market department store chain, warned Friday of disappointing first-quarter profits in another sign that consumers are cutting discretionary spending in the face of higher gasoline prices and falling confidence.

TROY, Mich. (AP) Auto parts supplier Noble International Ltd. on Wednesday cut its 2008 guidance, citing an expected drop in North American vehicle production.

MINNEAPOLIS (AP) Dolan Media Co., which specializes in legal and professional publications, offered first-quarter and 2008 guidance on Thursday that one analyst called "conservative" after swinging to a profit in the fourth quarter.

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 This material may not be published, broadcast, rewritten or redistributed.

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