Outlook roundup: Kennametal, Northwestern

Outlook roundup: Kennametal guidance better than expected, Northwestern raises outlook

• On 2:30 pm EDT, Thursday October 29, 2009

Among the earnings projection stories for Thursday, Oct. 29, from AP Financial News:

LATROBE, Pa. (AP) -- Kennametal Inc., which provides vehicle, aerospace and machinery makers with advanced materials and engineered products, on Thursday issued initial guidance for fiscal 2010 that topped Wall Street's expectations.

SIOUX FALLS, S.D. (AP) -- Energy company Northwestern Corp. said late Wednesday that it is raising its 2009 earnings guidance to reflect a switch to an accounting method that allows it to deduct repairs that would have previously been capitalized.

SANTA ANA, Calif. (AP) -- For-profit education provider Corinthian Colleges Inc. raised its fiscal 2010 guidance Thursday after reporting higher enrollment pushed first-quarter results beyond expectations.