Outlook roundup: SunPower, Idex

Among the earnings projection stories for Thursday, Oct. 18, from AP Financial News:

SAN JOSE, Calif. (AP) -- SunPower Corp., which makes solar products, reiterated its guidance for the fourth quarter, 2007 and 2008 on Thursday, though analysts expect the unchanged outlook to drag on its stock.

NORTHBROOK, Ill. (AP) -- Idex Corp., which makes fluid and metering products, said Thursday it expects fourth-quarter profit to rise year-over-year, despite an expected charge from severance and field service costs.

DULLES, Va. (AP) -- Satellite and rocket maker Orbital Sciences Corp. raised its 2007 earnings guidance Thursday on expectations for greater satellite and missile systems sales.

LOS ANGELES (AP) -- Reliance Steel & Aluminum Co. on Thursday predicted fourth-quarter income below analyst estimates, citing seasonal demand weakness, cautious customers and flat material costs.

MINNEAPOLIS (AP) -- Rimage Corp., which makes CD and DVD production and duplication equipment, on Thursday predicted fourth-quarter income of 27 cents to 32 cents per share.

PASADENA, Calif. (AP) -- East West Bancorp Inc. late Wednesday raised its 2007 earnings guidance modestly above Wall Street estimates.