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Outlook roundup: Cemex, Hershey



By AP
17 June 2008 @ 10:38 am EST

Among the earnings projection stories for Tuesday, June 17, from AP Financial News:

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CX 6.05 -0.9
HSY 34.23 -1.77

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NEW YORK (AP)--Mexico-based cement producer Cemex SAB de CV on Tuesday issued a second-quarter earnings outlook above Wall Street's expectations, but cut its full-year pretax earnings prediction citing a further weakening of the U.S. construction market.

HERSHEY, Pa. (AP)--Candy company Hershey Co. on Tuesday reaffirmed its 2008 earnings outlook and said it will boost its advertising support for its core brands to deliver long-term sales and profit growth.

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 This material may not be published, broadcast, rewritten or redistributed.

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