Among the earnings projection stories for Friday, May 9, from AP Financial News:
NEW YORK (AP) _ Citigroup Inc. said Friday it aims to shed about $500 billion in assets and grow revenue by 9 percent over the next few years, as it tries to rebound from massive losses tied to deterioration in the mortgage and credit markets.
OKLAHOMA CITY (AP) _ Sonic Corp. lowered its fiscal full-year earnings outlook Friday, due to lower-than-expected third-quarter results.
HOUSTON (AP) _ Dril-Quip Inc., which makes offshore drilling and production equipment, on Friday issued a second-quarter earnings prediction below Wall Street expectations.
HOUSTON (AP) _ Southern Union Co., an interstate natural gas pipeline company, reaffirmed its full-year 2008 outlook in a range that includes Wall Street expectations.
WAUKEGAN, Ill. (AP) _ Electrical wire manufacturer Coleman Cable Inc. said Thursday it expects fiscal second-quarter earnings in the range of analyst expectations.
Terms & Conditions
RSS Headlines
Fool UK