Outlook roundup: AMD sees better gross margin in 2010, Lear expects ‘09 sales to fall to $9.5B

Outlook roundup: Advanced Micro Devices, Lear

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.