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Outlook roundup: Synopsys, Cost Plus

By Associated Press

May 21, 2008

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Among the earnings projection stories for Wednesday, May 21, from AP Financial News:

MOUNTAIN VIEW, Calif. (AP) _ Synopsys Inc. on Wednesday raised its profit and revenue targets for fiscal 2008.

OAKLAND, Calif. (AP) _ Cost Plus Inc., a home furnishing products retailer, on Wednesday projected a fiscal second-quarter loss.

MIAMI (AP) _ Apparel maker Perry Ellis International Inc. on Wednesday reaffirmed fiscal 2009 guidance.

WALNUT CREEK, Calif. (AP) _ Longs Drug Stores affirmed its 2009 fiscal year guidance late Wednesday, falling within Wall Street expectations.

PHOENIX (AP) _ Pet products supplier PetSmart Inc. on Wednesday reiterated its full-year forecast, but gave a second-quarter profit outlook that fell short of analyst estimates.

WESTLAKE, Ohio (AP) _ Nordson Corp., which makes precision dispensing equipment, on Wednesday projected fiscal third-quarter profit above Wall Street estimates, citing expected sales growth.

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