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Outlook roundup: Tempur-Pedic, Mohawk Industries



By AP
17 April 2008 @ 06:42 pm EST

Among the earnings projection stories for Thursday, April 17, from AP Financial News:

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LEXINGTON, Ky., (AP) Tempur-Pedic International Inc. said Thursday it expects 2008 earnings per share will fall sharply as the U.S. economy slows.

CALHOUN, Ga. (AP) Mohawk Industries Inc., a carpet and flooring manufacturer, on Thursday projected second-quarter income within range of analyst estimates.

KALAMAZOO, Mich. (AP) Medical device maker Stryker Corp. set its full-year profit outlook at Wall Street forecasts Thursday and said it expects continued growth in sales of orthopedic products.

MARLBORO, Mass. (AP) Evergreen Solar Inc., which makes wafers used in solar cells, on Thursday issued a second-quarter guidance below Wall Street estimates.

CHICAGO (AP) Tribune Co. CEO Sam Zell said Thursday he may sell off more of the media conglomerate's assets than planned because of the rapid deterioration of the company's revenues.

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 This material may not be published, broadcast, rewritten or redistributed.

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