Outlook roundup: Lubrizol, Mylan

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

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Among the earnings projection stories for Thursday, Oct. 30, from AP Financial News:

CLEVELAND (AP) _ Lubrizol Corp. reaffirmed its full-year adjusted earnings forecast Thursday within the range of analysts' estimates.

PITTSBURGH (AP) _ Mylan Inc. raised its full-year profit estimate far above analyst expectations Thursday, after the drugmaker reported its third-quarter results.

HOUSTON (AP) _ Cameron International Corp. guided its fourth-quarter earnings to a range below Wall Street's expectations on Thursday, citing the tightening economy, but raised its full-year outlook.

STRATHAM, N.H. (AP) _ Apparel and footwear maker Timberland Co. said Thursday it expects weaker consumer spending will further pressure margins this year.

CHICAGO (AP) _ LKQ Corp., which makes vehicle replacement parts, cut its full-year outlook on Thursday, saying its results will be affected by reduced driving, fewer insurance claims and decreased commodity prices.

SAN DIEGO (AP) _ BioMed Realty Trust Inc. said it expects 2009 funds from operations to come in below Wall Street's estimates and lowered its 2008 outlook.

CHICAGO (AP) _ Huron Consulting Group Inc., which provides financial and operational advice to businesses, on Thursday forecast fourth-quarter earnings and revenue in line with analysts' expectations.

EDISON, N.J. (AP) _ Mack-Cali Realty Corp., a real estate investment trust, on Thursday boosted its guidance for 2008 funds from operations to a range of $3.70 to $3.74 per share.

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