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Outlook roundup: Moog, Martha Stewart Living Omnimedia



By AP
29 April 2008 @ 03:12 pm EST

Among the earnings projection stories for Tuesday, April 29, from AP Financial News:

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MSO 7.04 -0.63
GLT 10.9099998474121 -0.54
SPG 73.06 -8.27
CVG 13.22 -0.57

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EAST AURORA, N.Y. (AP) Military, medical and industrial control components designer and maker Moog Inc. raised its fiscal 2008 sales outlook a bit on Tuesday, saying it now expects $1.85 billion in revenue.

NEW YORK (AP) Martha Stewart Living Omnimedia Inc. maintained its full-year sales forecast Tuesday, but said it expects its recent Emeril Lagasse acquisition to add to results.

DULUTH, Ga. (AP) Agricultural equipment distributor Agco Corp. on Tuesday issued a full-year profit prediction under Wall Street's expectations, citing expected decline in North American farm equipment sales.

YORK, Pa. (AP) Paper maker P.H. Glatfelter Co. said Tuesday it expects its second-quarter volume to be flat compared with same quarter of 2007, while selling prices are expected to be slightly higher than in the first quarter of 2008.

INDIANAPOLIS (AP) Simon Property Group Inc., a real estate investment trust focused on retail properties, on Tuesday raised the low end of its 2008 funds from operations outlook.

NEW YORK (AP) Convergys Corp. affirmed its profit and revenue targets for 2008 on Tuesday after topping analysts' expectations for profit in the first quarter.

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 This material may not be published, broadcast, rewritten or redistributed.

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