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Updated: 12/2/2009 4:03 PM					Sponsored by:
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Outlook roundup: Coach, Sears

By Associated Press
January 8, 2009 | Comments (0)

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Among the earnings projection stories for Thursday, Jan. 8, from AP Financial News:

NEW YORK (AP) _ Coach Inc. on Thursday cut its second-quarter profit estimate after a dismal holiday shopping season led to a 13 percent drop in comparable store sales during the quarter.

NEW YORK (AP) _ Sears Holdings Corp. said Thursday it expects fourth-quarter profit to beat analysts' estimates and that it will end the fiscal year with some cash on hand and less inventory.

LIMERICK, Pa. (AP) _ Engineered products maker Teleflex Inc. said Thursday it expects revenues this year to top analyst expectations but adjusted earnings per share to come in below the Wall Street consensus, partly from higher pension expenses.

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