Outlook roundup: UnitedHealth, Technitrol

Among the earnings projection stories for Wednesday, July 2, from AP Financial News: MINNEAPOLIS (AP)--UnitedHealth Group Inc. will cut at least 4,000 jobs, or 5 percent of its workforce, in a restructuring and warned Wednesday that a weaker environment and higher costs will cut into profits this year. PHILADELPHIA (AP)--Electronics components maker Technitrol Inc. on Wednesday cut its fiscal second-quarter guidance, citing lower-than-expected demand, a weak U.S. dollar and worsening economic conditions in North America. NEW YORK (AP)--Shares of lighting-equipment maker Acuity Brands fell Wednesday, as the company's fiscal third-quarter earnings beat expectations but the company forecast a weak environment for the remainder of... [read full story]