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Toyota Lowers Fiscal-Year Profit Forecast
Friday, December 9, 2011 - 5:43amToyota Motor Corp (NYSE: TM) lowered its net profit forecast by 54% for this fiscal year. Toyota now expects a net profit of Y180 billion, versus its earlier forecast of Y390 billion. It also cut its sales view to Y18.20 trillion, versus Y19.000 trillion. Toyota now projects operating profit of...
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Arch Coal Lowers Full-Year Forecast
Monday, October 3, 2011 - 4:27am
Arch Coal Inc (NYSE: ACI) lowered its full-year adjusted earnings forecast for the second time this year. Arch Coal now projects full-year adjusted earnings of $1 to $1.40 per share, versus its July outlook of $1.75 to $2.15 per share. Arch Coal is scheduled to report its third-quarter earnings...
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Dollar Thrifty Projects Rise In Adjusted EBITDA, Lifts Share Repurchase Authorization
Monday, September 26, 2011 - 7:09am
Dollar Thrifty Automotive Group Inc (NYSE: DTG) said that it projects adjusted EBITDA to rise 17% to 28% in the third quarter, and lifted its share repurchase authorization. Dollar Thrifty projects corporate adjusted EBITDA of $110 to $120 million, versus $93.7 million, in the year-earlier period...
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China Yurun Expects Drop In Q3 Net Profit
Monday, September 26, 2011 - 5:13amChina Yurun Food Group Ltd (OTC: CYUFF) projects its Q3 net profit to decline from a year-ago period. China Yurun Food Group shares dipped 24.31% to close at $1.37 on Friday.
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Spansion Lowers FQ3 Revenue Forecast
Tuesday, September 13, 2011 - 9:06am
Spansion Inc (NYSE: CODE) lowered its fiscal third-quarter revenue projections. Spansion now projects revenue of $250 million to $270 million, down from its earlier outlook of $285 million to $325 million. Spansion shares closed at $13.67 yesterday.
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Aetna Projects To Exceed Full-Year Profit Outlook
Tuesday, September 13, 2011 - 9:02am
Aetna Inc (NYSE: AET) projects to exceed its full-year profit outlook. Aetna projects to exceed its earlier full-year operating earnings outlook of $4.60 to $4.70 per share. However, analysts were expecting 2011 earnings of $4.70 per share. Aetna shares gained 2.11% to $39.25 in pre-market...
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Tenet Healthcare Refines Forecast For 2011
Monday, September 12, 2011 - 6:58am
Tenet Healthcare Corp (NYSE: THC) now projects 2011 adjusted earnings before interest, tax, depreciation and amortization to be towards the lower end of its earlier estimated range of $1.175 billion to $1.275 billion. THC shares dropped 3.46% to close at $5.02 on Friday.
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PDL BioPharma Issues Downbeat Q3 Revenue Forecast
Thursday, September 8, 2011 - 7:58am
PDL BioPharma Inc (NASDAQ: PDLI) projected downbeat third-quarter revenue. PDL BioPharma now projects Q3 revenue of $83 million, versus analysts' estimates of $88 million. PDL BioPharma shares gained 0.17% to $5.80 in after-hours trading.
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Fairchild Semiconductor Lowers Q3 Sales Forecast
Tuesday, September 6, 2011 - 8:50am
Fairchild Semiconductor International Inc (NYSE: FCS) cut its sales forecast for the third quarter. Fairchild Semiconductor now projects sales of $400 million to $410 million, versus its previous outlook of $433 million to $446 million. It expects adjusted gross margin to be 36% to 36.5%, versus...
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Randgold Trims Production Forecast
Tuesday, August 30, 2011 - 5:00am
Randgold Resources Ltd (NASDAQ: GOLD) trimmed its production forecast for the year. Randgold now projects production at the mine to exceed 80,000 ounces, versus its earlier forecast of 100,000 ounces. Randgold revised its overall annual production forecast to a range of 740,000 to 760,000 ounces...
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