Outlook roundup: United parent UAL, Teleflex

Recs

0

Among the earnings projection stories for Wednesday, Dec. 17, from AP Financial News:

CHICAGO (AP) _ The parent of United Airlines said on Wednesday that it expects its unrestricted cash to drop to $2 billion by the end of the quarter, and that it is taking steps to raise more money.

LIMERICK, Pa. (AP) _ Teleflex Inc., which manufactures and distributes engineered products, said Wednesday it will cut 150 employees as part of a restructuring program.

HARTFORD, Conn. (AP) _ Shares of MasTec Inc., a utility and communications infrastructure contractor, jumped Wednesday after it announced its 2009 profit and revenue estimates and said it has completed the purchase of a wind energy company.

SEATTLE (AP) _ Plum Creek Timber Co., one of the nation's largest timber companies, on Wednesday revised its fourth-quarter earnings outlook due to a land sale, early debt extinguishment and economic volatility.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 796609, ~/Articles/ArticleHandler.aspx, 12/2/2009 11:07:09 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Fool Blog: Investment Classics for Short Attention Spans

Related Tickers

12/2/2009 10:45 AM
MTZ $13.40 Up +0.22 +1.67%
MasTec, Inc. CAPS Rating: ***
PCL $35.09 Up +0.41 +1.19%
Plum Creek Timber… CAPS Rating: ****
TFX $52.85 Up +0.36 +0.69%
Teleflex, Inc. CAPS Rating: ****
UAUA $8.99 Up +0.73 +8.84%
UAL Corp CAPS Rating: *

Community: Investing Wiki

Term Of The Hour

Common shareholder: A shareholder is a person or entity who owns shares of -- and therefore, an ownership stake in -- a company. There are two types, and common shareholders have different rights and privileges than preferred shareholders.

Want to learn more or edit this definition?
Click here to read more!