71. Corning Inc. released an upbeat profit outlook, sending its shares sharply higher. 72. Financial services stocks, especially those in the banking sector, were rocked again Friday by the weak profit outlook. 73. For now, though, the profit outlook for U.S.-oriented businesses remains fairly optimistic. 74. Gateway, Altera and The Gap all have come out with warnings about their profit outlooks, sparking more selling from already-nervous investors. 75. General Mills Inc. lowered its per-share profit outlook for its fiscal second quarter and the rest of its fiscal year. 76. Goldman Sachs analyst Abby Joseph Cohen said the tech sector is poised for a comeback within the next several weeks as the profit outlook strengthens and relative valuations improve. 77. However, other brokerages are more conservative about the long-term profit outlook for Yanzhou. 78. Most Asian markets closed higher Thursday because of falling interest rates and stronger regional currencies, but the Tokyo market fell on a dismal corporate profits outlook. 79. Trading in shares of Nintendo Co. was suspended Wednesday afternoon following conflicting information about the profit outlook for the major maker of home video games. 80. Traders sold technology shares amid growing concerns over their profits outlook. |