International Business News - Outlook http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Wireless network component maker Finisar Corp. said Friday it expects its fiscal fourth-quarter sales to beat Wall Street forecasts. The company anticipates sales for the period ended April 30 of approximately $120 million, well above the $113.4 million average forecast from analysts polled by Thomson Financial. http://www.ibtimes.com/articles/20080516/finisar-expects-4q-sales-to-beat-wall-street-view.htm Fri, 16 May 2008 09:47:32 EDT Telecommunications equipment maker UTStarcom Inc. said Thursday that it expects its second-quarter revenue to rise up to 13.3 percent year over year. The company predicted revenue of $580 million to $610 million for the period, compared with $538.2 million in the same quarter last year. http://www.ibtimes.com/articles/20080515/utstarcom-sees-2q-revenue-rising-up-to-13-percent.htm Thu, 15 May 2008 17:31:04 EDT Autodesk Inc. cut its outlook for profit this year because of stock compensation costs, the design software maker said Thursday after reporting 14 percent profit growth in the fiscal first quarter. http://www.ibtimes.com/articles/20080515/autodesk-cuts-earnings-outlook-for-2009.htm Thu, 15 May 2008 17:14:44 EDT Business software company BMC Software Inc. said Thursday it expects fiscal 2009 earnings to rise between 34 percent and 40 percent compared with the previous year. http://www.ibtimes.com/articles/20080515/bmc-software-expects-fiscal-2009-earnings-growth.htm Thu, 15 May 2008 16:57:20 EDT Fuqi International Inc., a Chinese jewelry maker, raised 2008 guidance on Thursday due to its strong first-quarter results. The company now expects earnings between 98 cents and $1.04 per share, compared with April guidance of 85 cents to 90 cents per share. In 2007, the company earned 86 cents per share. http://www.ibtimes.com/articles/20080515/fuqi-raises-2008-guidance-on-strong-1st-quarter.htm Thu, 15 May 2008 11:36:22 EDT Among the earnings projection stories for Thursday, May 15, from AP Financial News: GLENVIEW, Ill. (AP) _ Diversified machinery manufacturer Illinois Tool Works Inc. on Thursday forecast second-quarter income within range of analyst estimates, but its full-year guidance missed expectations. http://www.ibtimes.com/articles/20080515/outlook-roundup-illinois-tool-works-arctic-cat.htm Thu, 15 May 2008 11:08:06 EDT Shares of Ctrip.com International Ltd. plunged Thursday after Chinese travel Web site operator lowered its second-quarter outlook, primarily because of the earthquake that struck western China Monday. http://www.ibtimes.com/articles/20080515/ctrip-shares-fall-on-reduced-2nd-quarter-outlook.htm Thu, 15 May 2008 08:49:39 EDT Arctic Cat Inc. said Thursday that it expects to return to profitability in fiscal 2009 and projected profit and sales above current Wall Street predictions. http://www.ibtimes.com/articles/20080515/arctic-cat-predicts-profitability-in-2009.htm Thu, 15 May 2008 08:41:33 EDT Budget carrier AirAsia urged the government Thursday to rein in unfair competition by rival Malaysia Airlines, but said it still expects to remain profitable this year despite rising jet fuel prices and the heightened competition. http://www.ibtimes.com/data/articleimgs/46460-malaysia-airasia.jpg http://www.ibtimes.com/articles/20080515/malaysian-airasia-seeks-fair-competition.htm http://www.ibtimes.com/articles/20080515/malaysian-airasia-seeks-fair-competition.htm Thu, 15 May 2008 07:40:49 EDT Among the earnings projection stories for Wednesday, May 14, from AP Financial News: SANTA CLARA, Calif. (AP) _ Scientific equipment maker Agilent Technologies Inc. on Wednesday forecast results within range of analyst expectations for the third and fourth quarters of fiscal 2008 and the full year. http://www.ibtimes.com/articles/20080514/outlook-roundup-agilent-technologies-stanley.htm Wed, 14 May 2008 18:29:56 EDT Investors stripped nearly a fifth off the value of Pioneer Corp. on Wednesday, the day after the troubled Japanese electronics company warned it is heading for a fifth straight year of heavy losses as it wrestles with costly restructuring at its ailing TV operations. http://www.ibtimes.com/articles/20080514/pioneer-falls-after-warning-of-loss-for-year.htm Wed, 14 May 2008 09:34:21 EDT Independent oil and gas producer Anadarko Petroleum Corp. on Wednesday reaffirmed its production outlook for the year, despite a delay in the repair of a natural gas pipeline. http://www.ibtimes.com/articles/20080514/anadarko-petroleum-stays-with-production-forecast.htm Wed, 14 May 2008 09:19:56 EDT Data recording company NICE Systems said Wednesday it expects adjusted fiscal second-quarter profit in the range of Wall Street expectations. Excluding one-time costs and gains, NICE forecasts profit of 37 cents to 41 cents per share. Analysts polled by Thomson Financial expect profit of 40 cents per share. http://www.ibtimes.com/articles/20080514/nice-systems-expects-2q-profit-in-wall-st-range.htm Wed, 14 May 2008 09:12:01 EDT Fast food chain Jack in the Box Inc. on Wednesday predicted its 2008 profit would fall within the range of Wall Street analyst estimates. The company said it expects profit between $1.98 and $2.08 per share. Analysts polled by Thomson Financial expects profit between $1.98 and $2.09 per share, with an average of $2.05 per share. http://www.ibtimes.com/articles/20080514/jack-in-the-box-predicts-in-range-2008-profit.htm Wed, 14 May 2008 07:44:39 EDT Among the earnings projection stories for Tuesday, May 13, from AP Financial News: CHARLOTTE, N.C. (AP) _ Bank of America Corp., the nation's second-largest bank, reported rising credit costs Tuesday, as it continues to wade through a challenging economic cycle. http://www.ibtimes.com/articles/20080513/outlook-roundup-bank-of-america-gm.htm Tue, 13 May 2008 18:57:11 EDT Solar products maker Hoku Scientific Inc. on Tuesday forecast revenue for its fiscal 2009 first quarter, which ends in June, of $2.2 million to $2.7 million, more than double last year's revenue of $1.1 million. http://www.ibtimes.com/articles/20080513/hoku-scientific-forecasts-fiscal-1q-annual-sales.htm Tue, 13 May 2008 11:55:35 EDT The outlook in consumer finance is bleak, Moody's Investors Service said in a report Tuesday, as the economy has likely slipped into recession and lenders struggle with bad credit. http://www.ibtimes.com/articles/20080513/moodys-outlook-bleak-for-consumer-finance.htm Tue, 13 May 2008 11:21:31 EDT Bank of America Corp., the nation's second-largest bank, reported rising credit costs Tuesday, as it continues to wade through a challenging economic cycle. http://www.ibtimes.com/articles/20080513/bofa-customers-under-significant-economic-pressure.htm Tue, 13 May 2008 10:46:50 EDT Among the earnings projection stories for Tuesday, May 13, from AP Financial News: CHARLOTTE, N.C. (AP) _ Bank of America reported rising credit costs Tuesday, as it continues to wade through a challenging economic cycle. http://www.ibtimes.com/articles/20080513/outlook-roundup-bank-of-america-gigamedia.htm Tue, 13 May 2008 10:43:54 EDT Bank of America reported rising credit costs Tuesday, as it continues to wade through a challenging economic cycle. At an investor conference in New York, Liam McGee, Bank of America's president of global consumer and small business banking, said customers are feeling "significant economic pressure" as deflating home prices leave little equity for consumers to borrow against. http://www.ibtimes.com/articles/20080513/bofa-customers-feel-significant-economic-pressure.htm Tue, 13 May 2008 09:45:27 EDT