Outlook roundup: Kimco Realty, United Technologies

Among the earnings projection stories for Thursday, Feb. 5, from AP Financial News:

NEW HYDE PARK, N.Y. (AP) _ Strip mall operator Kimco Realty Corp. said Thursday it expects 2009 funds for operations to range between $1.70 to $1.90 per share _ well below Wall Street expectations as the deepening recession and rising job losses cause cash-strapped consumers to trim spending.

HARTFORD, Conn. (AP) _ The chief financial officer of United Technologies Corp. has reiterated the industrial conglomerate's 2009 profit guidance.

HARTSVILLE, S.C. (AP) _ Packaging maker Sonoco Products Inc. on Thursday cited expectations of weak first-quarter volumes in its industrial markets as the company cut its 2009 earnings outlook to beneath Wall Street expectations.

HINGHAM, Mass. (AP) _ Talbots Inc. predicted that its fourth-quarter loss from continuing operations will come in well below analysts' consensus forecast on Thursday and said the women's clothing retailer may take an impairment charge.

NEW YORK (AP) _ Department store operator J.C. Penney Inc. narrowed its fiscal fourth-quarter earnings guidance on Thursday after the company reported sales during the quarter fell about 10 percent.

NEW YORK (AP) _ Real estate investment trust Brookfield Properties Corp. on Thursday provided guidance for 2009 funds from operations of $1.42 to $1.49 per share, topping Wall Street estimates.