Lowers earnings
December 30th, 2008Lowers earnings
PPG lowers earnings forecast
PPG Industries Inc. significantly lowered its fourth-quarter earnings forecast Monday, blaming what it called the "accelerating rate of decline in the global economy." Downtown ... (more...)
Book: Minimum wage lowers earnings, produces unemployment
For decades, lawmakers in the US have tried showing solidarity with the working class by championing the minumum wage and demanding increases in it. In the 110th Congress ... (more...)
Unifi lowers earnings outlook
Greensboro-based Unifi Inc. today lowered its second quarter earnings estimate to between $2 million and $4 million. The company previously forecasted adjusted EBITDA of $8 million ... (more...)
Best Buy lowers earnings forecast | Digital Media - CNET News
Electronics retailer fears major pullback in consumer spending during the holiday-shopping season and thus lowers earnings forecast. Read this blog post by Dawn Kawamoto on Digital ... (more...)
FedEx lowers earnings outlook for 2009, citing economic woes
FedEx lowered expectations for 2009 profits Monday, saying lower fuel costs and less competition won?t make up for a struggling world economy. The Memphis-based company ... (more...)
AMD undercuts Intel chip prices - Times Union
Advanced Micro Devices Inc. is selling its latest desktop personal-computer processors for half the price of comparable Intel Corp. chips, a bid to undercut its larger rival as PC shoppers tighten their wallets. AMD will offer two new versions of its ... (more...)
Airgas lowers earnings guidance - MSN MoneyCentral
Airgas Inc. said Thursday after the markets closed that it was lowering its earning guidance for the quarter that ended Dec. 31. The Radnor, Pa.-based seller of industrial gas and welding equipment (NYSE:ARG) said it expects earnings to be in the ... (more...)
R.R. Donnelley lowers adjusted profit outlook - Forbes
R.R. Donnelley & Sons Co. lowered its 2008 adjusted earnings outlook Friday, citing tight credit markets and uncertain economic conditions. The provider of print and business-process outsourcing services now expects adjusted profit between $2.80 and ... (more...)
Gap lowers earnings forecast for fiscal 2008 - MSN MoneyCentral
SAN FRANCISCO (AP) - Gap Inc. lowered its earnings guidance for fiscal year 2008 on Thursday after the apparel retailer was forced to ramp up its markdowns and promotions at the end of December to contend with a sharp drop in holiday traffic. Gap now ... (more...)
Labcorp lowers earnings guidance - Raleigh News & Observer
LabCorp, the Burlington medical testing company, lowered its revenue and profit projections for 2009 because the deteriorating economy is causing some consumers to put off doctor visits and others to ignore their medical bills. Earnings are expected ... (more...)