2.31%C 7.40 5.37%QQQQ 27.81 2.83%
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LINCOLNSHIRE, Ill. - After reporting a higher fiscal third-quarter profit, Hewitt Associates Inc. on Tuesday raised its 2008 profit outlook.
| HEW | 26.76 |  -0.75 |
The consultant and outsourcer expects earnings per share, excluding certain items, between $1.90 and $2, "with a higher probability of achieving the upper end of the range."
In May, Hewitt Associates said it expected to earn between $1.85 per share to $1.95 per share, higher than its previous forecast of earnings between $1.70 per share and $1.80 per share, an outlook offered in November.
Analysts, who usually exclude one-time items from their estimates, on average expect a profit of $1.91 per share, according to Thomson Financial.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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