Outlook roundup: Qualcomm, Ruth's Chris

Date : 12/20/2007 @ 10:33AM
Source : TFN
Stock : Scholastic Corp (SCHL)
Quote : 23.11  0.86 (3.87%) @ 8:00PM
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Outlook roundup: Qualcomm, Ruth's Chris

        (AP) - Among the earnings projection stories for Thursday, Dec. 20, from AP
Financial News:
    SAN DIEGO (AP) -- Wireless technology developer Qualcomm Inc. on Thursday
raised its earnings forecast for the fiscal first quarter of 2008, citing strong
demand for chipsets used in cell phones.
    HEATHROW, Fla. (AP) -- Restaurant operator Ruth's Chris Steak House Inc. on
Thursday lowered its fourth-quarter guidance based on weak same-store sales and
one-time expenses, as the casual-dining sector slumps.
    MARYVILLE, Tenn. (AP) -- Restaurant operator Ruby Tuesday Inc. on Thursday
said it expects a loss in the fiscal second quarter as same-store sales fell and
the company remodeled stores to improve traffic.
    CINCINNATI (AP) -- Cintas Corp., the nation's largest uniform supplier, on
Thursday reaffirmed its fiscal 2008 earnings forecast, citing growth in line
with expectations in the first two quarters of the fiscal year.
    NEW YORK (AP) -- Children's publisher Scholastic Corp. said Thursday it
expects 2008 profits to match Wall Street expectations, helped by strong sales
in its core business.
    WOODCLIFF LAKE, N.J. (AP) -- Generic drug maker Par Pharmaceutical Co.
Thursday raised the low end of its 2007 profit guidance and reaffirmed revenue
expectations.
    SAN FRANCISCO (AP) -- PG&E Corp. plans to reaffirm its 2007 and 2008 outlook
on Friday and provide a forecast of its 2009 operating profit.
    MADISON, Wis. (AP) -- Alliant Energy Corp. on Thursday reiterated its 2007
profit target, citing normal weather, and issued a forecast that predicts
moderately higher earnings next year.
    
Copyright 2007 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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