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Among the earnings projection stories for Wednesday, Nov. 5, from AP Financial News:
NEW YORK (AP)--Medco Health Solutions, a pharmacy benefits manager, backed its 2008 profit forecast on Wednesday, and called for an adjusted 2009 profit on par with Wall Street expectations.
NEW YORK (AP)--Apparel maker and retailer Polo Ralph Lauren Corp. on Wednesday reiterated its full-year earnings expectations but modified its sales guidance.
EL PASO, Texas (AP)--El Paso Electric Co. on Wednesday narrowed its full-year outlook after the electric utility posted a reduced third-quarter profit.
BALTIMORE (AP)--Television broadcasting company Sinclair Broadcast Group Inc. revised its fourth-quarter net broadcast revenue outlook for the second time in a month due to stronger-than-expected political advertising.
DALLAS (AP)--MetroPCS Communications Inc. reaffirmed its 2008 subscriber addition forecast Wednesday after reporting its third-quarter profit slipped due to increased operating expenses.
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