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Outlook Roundup: Stanley Furniture



By AP
14 April 2008 @ 06:59 pm EST

Among the earnings projection stories for Monday, April 14, from the AP Financial News:

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STLY 8.09 -0.16
NVTL 6.19 0.01
CROX 4.44 -0.04
AFFX 8.32 -0.04

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STANLEYTOWN, Va. (AP) Stanley Furniture Co., which makes wood furniture for the residential market, on Monday reduced its 2008 profit and sales guidance, sending shares tumbling in the aftermarket session.

SAN DIEGO (AP) Wireless modem maker Novatel Wireless Inc. lowered its first-quarter revenue outlook Monday and said it has named Chairman Peter V. Leparulo as chief executive.

NIWOT, Colo. (AP) Crocs Inc., maker of the colorful plastic shoes, on Monday lowered its first-quarter earnings guidance sharply, due to the costs of closing a plant and a revenue shortfall.

SANTA CLARA, Calif. (AP) Affymetrix Inc., which makes the GeneChip system for genetic data analysis, on Monday lowered its full-year outlook, sending shares tumbling in after-hours trading.

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 This material may not be published, broadcast, rewritten or redistributed.

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