Outlook roundup: Navistar, Progress Energy

Among the earnings projection stories for Monday, Jan. 5, from AP Financial News:

WARRENVILLE, Ill. (AP) _ Shares of Navistar International Corp. fell Monday morning after the maker of trucks, buses, and vehicle engines forecast fiscal 2009 profit below Wall Street estimates.

RALEIGH, N.C. (AP) _ Progress Energy Inc. said Monday it expects 2008 earnings to reach the low end of previous estimates due to mild weather and the slowing economy.

UTICA, N.Y. (AP) _ Surgical equipment maker Conmed Corp. said Monday a stronger U.S. dollar cutting into overseas business and less spending by budget-tightening hospitals will hurt capital equipment sales _ resulting in lower-than-expected fourth-quarter profit.