Outlook Roundup: Anadarko Lifts Production Target, Monsanto Shares Climb Nearly 10 Percent
Among the earnings projection stories for Tuesday, March 25, from AP Financial News:
HOUSTON (AP) -- Anadarko Petroleum Corp. on Tuesday increased its production target for 2008 as the oil producer takes advantage of higher-than-expected commodity prices.
ST. LOUIS (AP) -- Monsanto Co. shares jumped nearly 10 percent Tuesday after the agricultural products company said earnings per share for the second quarter and for all of fiscal 2008 will be stronger than originally projected.
ST. PETERSBURG, Fla. (AP) -- Electronic parts manufacturer Jabil Circuit Inc. said Tuesday it expects fiscal third-quarter profit below Wall Street estimates, citing the slowdown in the U.S. economy.
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