Outlook roundup: Brandywine, China Automotive

By Associated Press
June 30, 2008 | Comments (0)

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Among the earnings projection stories for Monday, June 30, from AP Financial News:

RADNOR, Pa. (AP) _ Brandywine Realty Trust, a real estate investment trust, lowered its second-quarter earnings outlook on Monday to reflect an impairment charge related to the $316.9 million sale of five properties in Oakland, Calif.

NEW YORK (AP) _ China Automotive Systems Inc., a Chinese supplier of power steering systems and components, said Monday it expects to post a significant increase in second-quarter profit, crediting strong performances from all of its business segments.

MOUNT LAUREL, N.J. (AP) _ Campbell Soup Co. said Monday its 2008 profit will be at the upper end of the range it had previously expected, a hopeful sign for a company coming off a down quarter.

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