Among the earnings projection stories for Thursday, May 8, from AP Financial News:
CARY, N.C. (AP) _ R.H. Donnelley Corp., a phone-book publisher and search-engine operator, reaffirmed its full-year sales forecast Thursday in range of analysts' estimates.
NEW YORK (AP) _ New York & Co. on Thursday issued a first-quarter profit prediction above current Wall Street estimates, citing gross margin improvements.
PLEASANTON, Calif. (AP) _ Ross Stores Inc., an apparel retailer, on Thursday raised its earnings outlook for the quarter ending May 3 because of stronger margins and favorable expense trends.
DEVENS, Mass. (AP) _ Energy equipment supplier American Superconductor Corp. said Thursday it expects a smaller fiscal 2008 loss than Wall Street expects.
NEW YORK (AP) _ RiskMetrics Group Inc., a provider of risk management and corporate governance services for the financial markets, on Thursday narrowed its 2008 revenue outlook, raising the low end of its estimate.
RALEIGH, N.C. (AP) _ Power company Progress Energy Inc. on Thursday reaffirmed its earnings prediction for the full year, suggesting that wholesale sales growth and cost cuts should offset weakness in its retail energy business.
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