Arrow Electronics boosts 4th-quarter profit outlook as electronic components business improves
Arrow Electronics boosts 4Q profit outlook OSI Pharmaceuticals’ 3rd-quarter profit falls on costs, taxes, but revenue tops forecastsMELVILLE, N.Y. — Shares of drug developer OSI Pharmaceuticals Inc. rallied Thursday after the company posted better-than-expected revenue in the third quarter, even as its profit plunged on higher costs and taxes. MSC Industrial projects fiscal 1st-qtr profit and sales ahead of average analysts’ estimatesMELVILLE, N.Y. — MSC Industrial Direct Co., which distributes maintenance and repair supplies, on Wednesday predicted fiscal first-quarter results above analyst estimates. MSC Industrial 4Q profit falls on customer shutdowns, but not as much as expected; shares riseMELVILLE, N.Y. — MSC Industrial Direct Co., which distributes maintenance and repair supplies, said Wednesday its fiscal fourth-quarter profit fell 49 percent as sales tumbled as a result of extended shutdowns at the company’s customers. Hain Celestial Group expects fiscal 2010 profit below analyst expectationsMELVILLE, N.Y. — The Hain Celestial Group Inc., which makes Celestial Seasonings tea, on Tuesday it expects to report a profit in fiscal 2010, which ends in June. Hain Celestial Group fiscal 4th-quarter profit declines 81 percentMELVILLE, N.Y. — The Hain Celestial Group Inc., which makes Celestial Seasonings tea, on Tuesday said fiscal fourth-quarter profit fell 81 percent, hurt by one-time costs for severance and other items. |
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