Among the earnings projection stories for Thursday, May 8, from AP Financial News:
HINGHAM, Mass. (AP) _ Apparel retailer The Talbots Inc. on Thursday said its merchandise gross margin is improving, offsetting weak first-quarter sales, and reaffirmed its fiscal 2008 guidance.
MONTVALE, N.J. (AP) _ Barr Pharmaceuticals Inc. slashed its 2008 forecast Thursday after reporting that first-quarter earnings failed to meet expectations as the company's U.S. generic contraceptive sales fell.
HOUSTON (AP) _ Natural-gas provider El Paso Corp. said Thursday it expects to post a 2008 profit "sharply higher" than its previous estimate of $1 to $1.10 per share, citing benefits from its hedging strategy.
SAN FRANCISCO (AP) _ Children's clothing retailer Gymboree Corp. on Thursday boosted its first quarter and fiscal year profit guidance due to higher-than-expected quarterly sales.
HINGHAM, Mass. (AP) _ Apparel retailer The Talbots Inc. on Thursday said its merchandise gross margin is improving, offsetting weak first-quarter sales, and reaffirmed its fiscal 2008 guidance.
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