Outlook roundup: UnitedHealth Group, TranS1

By Associated Press
July 2, 2008
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Among the earnings projection stories for Wednesday, July 2, from AP Financial News:

MINNEAPOLIS (AP) _ UnitedHealth Group Inc. cleared its decks of bad news on Wednesday, announcing a lower profit outlook, a restructuring that will trim 4,000 jobs and a $900 million payout to settle a class-action lawsuit over options backdating.

WILMINGTON, N.C. (AP) _ Medical device maker TranS1 Inc. said Wednesday its second-quarter revenue will fall short of the company's prior outlook, because of sales force turnover and related issues.

SAN DIEGO (AP) _ Consumer products maker WD-40 Co. on Wednesday offered 2008 profit guidance below Wall Street analysts' expectations.
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