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Outlook roundup: Infosys, Rockwell Collins



By AP
11 July 2008 @ 10:39 am ET

Among the earnings projection stories for Friday, July 11, from AP Financial News:

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COL 44.34 0.33
ELX 9.83 0.05

NEW YORK (AP)--Information technology provider Infosys Technologies said Friday it expects fiscal second-quarter earnings to range between 55 cents and 56 cents per share despite a slowdown in the global economy.

CEDAR RAPIDS, Iowa (AP)--Aerospace and defense contractor Rockwell Collins Inc. on Friday raised its earnings prediction for the fiscal year, suggesting that increased commercial aircraft deliveries and defense spending should offset expected cutbacks in airline capacity.

COSTA MESA, Calif. (AP)--Emulex Corp., which makes data storage networking equipment, on late Thursday lowered its revenue and earnings forecasts for its fiscal fourth quarter because of weakness in its embedded storage and host server businesses.

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 This material may not be published, broadcast, rewritten or redistributed.

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