Outlook roundup: Advanced Micro Devices, Lear

AP News
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Posted: Nov 11, 2009 5:27 PM

Among the earnings projection stories for Wednesday, Nov. 11, from AP Financial News:

SUNNYVALE, Calif. (AP) _ Advanced Micro Devices Inc. said its gross profit margin should improve next year as chip sales pick up.

SOUTHFIELD, Mich. (AP) _ Auto parts supplier Lear Corp., which emerged from bankruptcy protection two days ago, said it expects sales this year will total $9.5 billion, well below last year's results.

NEWARK, Calif. (AP) _ SMART Modular Technologies Inc. raised its guidance for its fiscal first quarter. The computer memory products maker cited increasing demand from personal computer and business clients.