Among the earnings projection stories for Tuesday, May 20, from the AP Financial News:
NORWOOD, Mass. (AP) _ Shares of microchip testing company LTX Corp. plunged Tuesday after it forecast fourth-quarter results well below Wall Street expectations.
NEW YORK (AP) _ Apparel maker Phillips-Van Heusen Corp. on Tuesday raised fiscal-year guidance, despite expectations of a difficult retail environment.
DOWNERS GROVE, Ill. (AP) _ FTD Group Inc., a florist network and Web site operator being acquired by United Online Inc., on Tuesday said Mother's Day orders increased 12 percent this year, and reiterated its fiscal 2008 guidance.
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