Outlook roundup: Celgene, Pediatrix Medical

By Associated Press May 8, 2008

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Among the earnings projection stories for Thursday, May 8, from AP Financial News:

SUMMIT, N.J. (AP) _ Biotechnology company Celgene Corp. on Thursday raised its full-year sales estimate to $2.1 billion, a nearly 60 percent increase over 2007 revenue.

FORT LAUDERDALE, Fla. (AP) _ Shares of health care services company Pediatrix Medical Group Inc. fell Thursday after the company said that it may not meet its 2008 earnings projections.

COEUR D'ALENE, Idaho (AP) _ Radiology services provider NightHawk Radiology Holdings Inc. lowered its 2008 profit and revenue outlook Thursday, citing sales and cost challenges.

PROVIDENCE, R.I. (AP) _ Television and online news company Lin TV Corp. said Thursday it expects political and digital advertising growth to its boost second-quarter revenue results.

LAS VEGAS (AP) _ Global Cash Access Holdings Inc., which provides ATMs and other cash machines for casinos, said Thursday it expects earnings from continuing operations in 2008 to range between 42 cents and 48 cents per share.

SCHAUMBURG, Ill. (AP) _ APP Pharmaceuticals Inc., which makes injectable products for acute medical care, said Thursday it expects adjusted profit between 80 cents and 90 cents per share in 2008.

DEVENS, Mass. (AP) _ Energy equipment supplier American Superconductor Corp. said Thursday it expects a smaller fiscal 2008 loss than Wall Street expects.