Outlook roundup: Moog, Martha Stewart Living Omnimedia
By
Associated Press
April 29, 2008
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Among the earnings projection stories for Tuesday, April 29, from AP Financial News:
EAST AURORA, N.Y. (AP) _ Military, medical and industrial control components designer and maker Moog Inc. raised its fiscal 2008 sales outlook a bit on Tuesday, saying it now expects $1.85 billion in revenue.
NEW YORK (AP) _ Martha Stewart Living Omnimedia Inc. maintained its full-year sales forecast Tuesday, but said it expects its recent Emeril Lagasse acquisition to add to results.
DULUTH, Ga. (AP) _ Agricultural equipment distributor Agco Corp. on Tuesday issued a full-year profit prediction under Wall Street's expectations, citing expected decline in North American farm equipment sales.
YORK, Pa. (AP) _ Paper maker P.H. Glatfelter Co. said Tuesday it expects its second-quarter volume to be flat compared with same quarter of 2007, while selling prices are expected to be slightly higher than in the first quarter of 2008.
INDIANAPOLIS (AP) _ Simon Property Group Inc., a real estate investment trust focused on retail properties, on Tuesday raised the low end of its 2008 funds from operations outlook.
NEW YORK (AP) _ Convergys Corp. affirmed its profit and revenue targets for 2008 on Tuesday after topping analysts' expectations for profit in the first quarter.