Outlook roundup: Conexant, Agilysys

Among the earnings projection stories for Monday, June 2, from AP Financial News:

NEWPORT BEACH, Calif. (AP) _ Chipmaker Conexant Systems Inc. on Monday announced a reverse stock split, said it expects fiscal third-quarter results at the high end of previous guidance and issued a fiscal fourth-quarter outlook.

BOCA RATON, Fla. (AP) _ Information technology services provider Agilysys Inc. said Monday it expects fiscal 2009 sales of $860 million to $900 million, which is below what Wall Street analysts forecast.

GENEVA (AP) _ The airline industry will lose $2.3 billion this year because of hikes in oil prices, the world airlines group said Monday, revising its earlier forecast of a collective industry profit.

NEW YORK (AP) _ Hotel operator Marriott International Inc. said Monday it expects second-quarter North American revenue-per-available-room growth to come in below its prior forecast.

SAN CLEMENTE, Calif. (AP) _ Sunstone Hotel Investors Inc. said Monday it expects the sale of a hotel to be neutral or add slightly to its full-year adjusted funds from operations.