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The company said failure to win approval would not materially affect its sales guidance for the year.
The search engine Yahoo reported fourth-quarter earnings Tuesday that beat expectations, but sales guidance for 2008 disappointed investors.
Staples said that it would not provide earnings or sales guidance because of the murky near-term outlook but declared a regular quarterly dividend of 8.25 cents.
Gilead Sciences, the biotechnology company, was down 9.56 percent to close at $40.76 a share after the company revised sales guidance for the year because of the impact of the changes.
In the three months to 2 May, Next's total sales fell by 0.2% and full-price sales dropped 0.9%, at the low end of full-year sales guidance of -1% to +4%.
In a news release addressing the decline, John J. Shalam, the chairman and chief executive, said, "Despite the first-quarter performance, we remain on target with our sales guidance for the full fiscal year of three-eighths percent growth, excluding any acquisitions that may arise".
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Citigroup raised its price target on shares of Jabil Circuit from $20 up to $23 as sales and guidance surpassed expectations.
Outside, I can act as server/cashier, but can also approach people; giving them free samples, offering my sales pitch, menu guidance and maybe a joke.
Next has added 155p to £66.75 as it raised its sales and profits guidance for the second time in three months after a strong second quarter performance.
We were looking for €340m in fourth quarter sales; today's guidance implies fourth quarter 15% year on year growth so some improvement versus 12% in the third quarter but Arm had been expecting a strong improvement in the second half of 2-14.
Along with Samsung's weak fourth quarter smartphone sales and first quarter guidance, these figures further highlight the on going slowdown in the smartphone market, particularly at the high-end.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com