Outlook roundup: Tyco Int'l, TJX

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Among the earnings projection stories for Tuesday, Nov. 11, from AP Financial News:

HARTFORD, Conn. (AP) _ Diversified manufacturer Tyco International Ltd. said Tuesday that per-share profit for 2009 will fall short of Wall Street estimates.

FRAMINGHAM, Mass. (AP) _ TJX Cos., which operates stores under such names as T.J. Maxx and Marshalls, cut its fiscal 2009 full-year earnings outlook as it continues to get hurt by a stronger U.S. dollar, which has depressed international results.

WILSONVILLE, Ore. (AP) _ Mentor Graphics Corp., a maker of electronic design automation systems, lowered its fiscal 2009 outlook Tuesday saying the economic downturn is leading customers to delay renewing contracts.

SAO PAULO, Brazil (AP) _ Airline holding company GOL Linhas Aereas Inteligentes SA said Tuesday it expects available seat capacity in the fourth quarter to drop roughly 2 percent compared to the third quarter.

NEW YORK (AP) _ Netherlands-based diagnostic products maker Qiagen NV late Monday raised full-year profit guidance following a swing to a third-quarter profit from a year-earlier loss.

RICHARDSON, Texas (AP) _ Fossil Inc. on Tuesday lowered its fourth-quarter profit outlook below Wall Street estimates as the watch maker expects a stronger dollar to hurt its revenue overseas.

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12/1/2009 4:00 PM
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