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Outlook roundup: L-1 Identity, Allis-Chalmers Energy

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May 7, 2008

Among the earnings projection stories for Wednesday, May 7, from AP Financial News:

STAMFORD, Conn. (AP) -- L-1 Identity Solutions Inc., which produces identification cards and credentials, said Wednesday that its second-quarter revenue will beat analysts' expectations.

HOUSTON (AP) -- Oil field services and equipment provider Allis-Chalmers Energy Inc. on Wednesday issued a second-quarter forecast in line with Wall Street's expectations.

NEW YORK (AP) -- Bristol-Myers Squibb Co. said Wednesday it is reevaluating its fiscal 2008 outlook in the wake of its $4.1 billion sale of wound care business ConvaTec and will update investors by the end of the current quarter.

IRVINE, Calif. (AP) -- Health care products maker Allergan Inc. raised its full-year profit outlook Wednesday, now offering a range whose top end meets Wall Street expectations.

© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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