Among the earnings projection stories for Tuesday, May 6, from AP Financial News:
ALLEGAN, Mich. (AP) _ Perrigo Co. raised the bottom end of its fiscal 2008 profit forecast after third-quarter earnings more than doubled and exceeded expectations, the pharmaceuticals company said Tuesday.
NEW YORK (AP) _ Agricultural chemicals and seed company Monsanto Co. said Tuesday that it remains on track to achieve its 2012 growth plan.
OXFORD, Mass. (AP) _ Laser supplier IPG Photonics Corp. said Tuesday it expects second-quarter earnings per share to grow at least 7 percent on strong international sales.
MADISON, Wis. (AP) _ Great Wolf Resorts Inc. narrowed its full-year adjusted loss forecast Tuesday on improved preliminary second-quarter bookings.
NEW YORK (AP) _ Tower Group Inc. on Tuesday issued a profit forecast consistent with analysts' expectations after reporting a 28 percent acceleration in first-quarter earnings.
BIRNMINGHAM, Ala. (AP) _ Asphalt and concrete supplier Vulcan Materials Co. cut its fiscal year guidance, citing "a prolonged and severe downturn" in the residential construction market.
NEW YORK (AP) _ Beauty-products maker Estee Lauder Cos. on Tuesday raised the lower end of its fiscal-year earnings forecast and reaffirmed its expectations for sales.
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