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Outlook roundup: Magna, RCN



By AP
04 November 2008 @ 11:07 am EST

Among the earnings projection stories for Tuesday, Nov. 4, from AP Financial News:

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Quotes
MGA 32.7 -3.03
RCNI 5.49 -0.51
DF 18.86 -0.42
THRM 1.55 0.13

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NEW YORK (AP)--Magna International Inc. on Tuesday cut its full-year sales guidance, citing the continued slump in North American and European automotive markets.

HERNDON, Va. (AP)--RCN Corp., a provider of video, data and voice services, boosted its full-year sales outlook range Tuesday after reporting a narrower third-quarter loss.

DALLAS (AP)--Milk and dairy products distributor Dean Foods Co. said Tuesday it expects commodity costs to ease in the fourth quarter and reaffirmed its full-year guidance.

HAYWARD, Calif. (AP)--Thermage Inc., which makes an anti-aging skin tightening device, said Tuesday it expects to report a loss on lower revenue in the third quarter.

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 This material may not be published, broadcast, rewritten or redistributed.

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