Rockwell Collins Sees 2005 EPS Up 17 Pct
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Electronics manufacturer Rockwell Collins Inc. (COL.N: Quote, Profile, Research) on Thursday gave a 2005 profit forecast that was higher than Wall Street expectations as spending on defense
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By Dave Dewitte, The Gazette, Cedar Rapids, Iowa  Sep. 7--CEDAR RAPIDS -- Rockwell Collins has acquired a Canadian supplier  of wireless networking products in order to strengthen its defense offerings.
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Eli Lilly and Co. LLY.N on Thursday  said it expects earnings in 2005 to rise to between $3.05 and  $3.15 per share before special items as growing sales of newer  medicines more than offset disappointing sales of its  top-selling schizophrenia drug.
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The European Aeronautic Defence and Space Company said it expects full-year earnings in 2005 to be higher than 2.4 billion euros (3.2 billion dollars) on sales of 33 billion.
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Corrects story posted Oct 2, 2006. In the second paragraph, 17 percent should be 71 percent.
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Pitney Bowes Inc. PBI.N, the largest   U.S. supplier of postage meters and mailing machines, on   Thursday forecast that earnings per share would rise 13 percent   to 21 percent in 2007.
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The Nikkei average is expected to rise on   Wednesday, and could test 16,000 as heavyweight stocks such as   Advantest Corp. 6857.T lead the market higher following a   rally in U.S. shares.
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(Corrects Reuters Estimate figure in 4th paragraph to $1.20
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Holiday sales data and a jobs report next week will provide the first glimpse of the economy's health going into 2005, and could give another boost to the end-of-year stock rally, analysts said.
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At current rates, analysts expect foreclosure filings to hit a rate approaching heights not seen since the Great Depression.
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London Stock Exchange Group Plc forecast a big rise in third-quarter earnings and pledged to raise its full-year dividend at least 50 percent as it reiterated its opposition to a 2.7 billion pound ($5.3 billion) hostile bid from U.S. rival Nasdaq .
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Stock futures rose slightly on Wednesday before figures on third-quarter economic growth, which could be revised higher, suggesting continued corporate profit growth.
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Holiday sales data and a jobs report this week will provide the first glimpse of the economy's health going into 2005, and could give another boost to the end-of-year stock rally, analysts said.
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The automaker predicts better profits in 2005.
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Corporate profit growth is likely to be at least in the 10 percent range in 2005, and stocks markets could well keep pace with that rate, says Bill Miller, the star stock picker at Legg Mason Inc.
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Stocks were set to push a little higher on the last trading day of the year, but data on existing home sales could limit any advance.
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SYDNEY (Dow Jones)--Continued strong steelmaking demand from China is expected to drive an 18.6% lift in iron ore prices for Australian producers into 2005, the government&#39;s Australian Bureau of Agricultural &amp; Resource Economics said Monday.