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Outlook roundup: Tellabs, XTO Energy



By AP
22 July 2008 @ 02:05 pm EST

Among the earnings projection stories for Tuesday, July 22, from AP Financial News:

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Quotes
TLAB 3.92 0.43
XTO 30.41 3.7
ICLR 17.36 1.39

SYMBOL LOOKUP

NAPERVILLE, Ill. (AP)--Telecommunications equipment manufacturer Tellabs Inc. said Tuesday that third-quarter revenue will likely be "flat to slightly down" compared with the previous period because of seasonal fluctuations.

FORT WORTH, Texas (AP)--Oil and natural gas producer XTO Energy Inc. said Tuesday it expects production volume to grow by 29 percent in 2008 and 22 percent in 2009 after recent acquisitions.

NEW YORK (AP)--Irish drug development and research company Icon PLC on Tuesday raised its 2008 profit and revenue expectations for the second time in three months, and its stock reached an all-time high.

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 This material may not be published, broadcast, rewritten or redistributed.

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