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Outlook roundup: Analog Devices, Cree
By: The Associated Press | 20 Jan 2009 | 06:21 PM ET
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Among the earnings projection stories for Tuesday, Jan. 20, from AP Financial News:

NORWOOD, Mass. (AP) — Semiconductor company Analog Devices Inc. on Tuesday lowered its outlook for its fiscal first quarter due to weak demand in the weak economy

DURHAM, N.C. (AP) — Cree Inc. predicted Tuesday that its revenue will rise but profit will fall in the fiscal third quarter, as declining demand for some products is offset by rising demand for others.

FORT COLLINS, Colo. (AP) — Woodward Governor Co., which makes energy control systems for aircraft, maintained its 2009 earnings and sales guidance on Tuesday after reporting that first-quarter earnings gained 7 percent.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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