Target also cut its earnings outlook as a result of softer than expected holiday sales.
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The company reported weakness in the international airfreight market and provided a downbeat current-quarter earnings outlook.
Research In Motion Limited (RIMM) cut its fiscal first-quarter earnings outlook after the close last night.
Penney to sell, citing a deteriorating earnings outlook and emerging signs of cash flow distress.
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Its better-than-expected third-quarter results were overshadowed by the high-end jewelry retailer's disappointing earnings outlook for this quarter.
In October a bullish Polaris raised its earnings outlook, saying 2012 is shaping up to be another record year.
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The company modified its earnings outlook for 2011 based on the enrollment rate, which was originally expected to increase by 17-18%.
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This time around, Sterne Agee lifted its fourth-quarter earnings outlook, citing strong supply chain checks for the iPhone and Mac.
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Skeptics point to a slowing earnings outlook and potential tax and spending headwinds as lawmakers sort out the U.S.'s debt troubles.
There are also a couple of favorable calendar impacts that provide a boost to the important fourth quarter sales and earnings outlook.
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Earnings at Vivendi's games business Activision Blizzard grew 38.6% and the unit has raised its earnings outlook thanks to strong product launches.
On the earnings front, clothing retailer Express (EXPR) missed earnings expectations and lowered its full year earnings outlook, sending shares lower today.
The earnings outlook on Icici is also less robust than on HDFC.
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Crocs slid 1.01, or 5%, to 19.41, after the shoe maker's fourth-quarter earnings topped expectations but its first-quarter earnings outlook was below forecasts.
Elsewhere, Research In Motion boosted its fourth-quarter subscriber outlook and reconfirmed its sales and earnings outlook, thanks to momentum from its BlackBerry smart phones.
Shares of Williams Sonoma (WSM) are sharply lower after the company cut its earnings outlook, as a result of deep holiday discounts which will cut into its profit margins.
The shares of 3M Company (MMM) should be in focus today, after the company affirmed its fiscal 2011 earnings outlook and issued guidance for fiscal 2012.
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Blue Coat Systems shares are trading sharply lower this morning after the Web security and wide-area network optimization software company reduced its earnings outlook and disclosed a management shake-up.
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Before the announcement, analysts had been bullish KeyBanc Capital Markets thought the meeting would go so well that it raised its fourth-quarter earnings outlook to 63 cents from 59 cents per share.
Elsewhere, Research In Motion (nasdaq: RIMM - news - people ) boosted its fourth-quarter subscriber outlook and reconfirmed its sales and earnings outlook, thanks to momentum from its BlackBerry smart phones.
Kohl's fell 51 cents, or 1.1%, to 46.10, after the department-store operator's earnings outlook for the quarter and full fiscal year were below analyst estimates, offsetting better-than-expected earnings and an increase in its quarterly dividend.
Hurt by falling demand for its office and hotel properties, plus pricey investments in cold storage and residential development, Crescent Real Estate Equities cut its earnings outlook for 2001 by 13% and its dividend by 32% in October.
Chemical manufacturing giant EI du Pont de Nemours sounded a troubling tone for the market Friday morning, when the company lowered its 2011 earnings outlook to reflect slower growth and demand in several of its business segments.
The gain in the market and decline in volatility is somewhat perplexing, given the large macro risks that continue to pervade the global economy and the relatively weak earnings outlook offered by a number of bellwether firms such as FedEx and Hewlett-Packard.
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Take-Two Interactive Software 's quarterly earnings and outlook topped expectations, but the company still has a ways to go before its business outgrows its dependency on Grand Theft Auto.
Whether a similar rebound develops over the remaining two weeks of this April will obviously be driven in large part by how healthy corporate earnings and outlook are as this reporting season gets into high gear beginning next week.
Q4 sales jump 22% on the strength of its e-book business, but earnings and 2013 outlook fall short of analyst expectations.
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On the whole, Boeing posted better-than-expected numbers in Q2 on strong core operating performance and, as a result, has also raised earnings per share outlook for 2012.
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This makes them a compelling buy even if the outlook for earnings growth is bleak.
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