Outlook roundup: Cisco Systems, Citi Trends

Top stories:

NEW YORK (AP)--Cisco Systems Inc. warns that orders dropped off dramatically in October, and now it expects revenue to fall in the current quarter.

Other stories:

SAVANNAH, Ga. (AP)--Citi Trends Inc. said Wednesday that it expects its third-quarter loss to more than double from last year, as same-store sales fell in the quarter amid fear of a global recession.

THOROFARE, N.J. (AP)--Checkpoint Systems Inc., which provides merchandise security products and services for retailers, cut its 2008 financial forecast Wednesday, saying the slowing economy will eat into profit and revenue.

HARTFORD, Conn. (AP)--The chief financial officer of manufacturer United Technologies Corp. on Wednesday reiterated the company's full-year earnings outlook.

HOUSTON (AP)--Commercial printer Consolidated Graphics Inc. said Wednesday that it expects fiscal third-quarter profits below analysts' expectations as it faces a difficult economic environment and tough competition.

WEST ORANGE, N.J. (AP)--Trade school operator Lincoln Educational Services Corp. on Wednesday raised its profit outlook for the year, but the guidance implied it would miss Wall Street's fourth-quarter profit expectations, and shares fell at midday.