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And advertising revenues are forecast to be down 2% in the first quarter, albeit that's a stronger forecast than many had expected.
"The quarter was O.K., about what we expected," he said, though many investors were clearly looking for an even stronger forecast for the second quarter.
A narrower operating loss in its mobile phone unit helped, and the company also issued a slightly stronger forecast for the rest of 2009 than analysts expected.
DuPont was moving sharply in the opposite direction, after a strong second quarter and even stronger forecast for the rest of 2010.
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Stronger forecasts for the second half will continue the rise in stocks back toward year-ago levels.
Despite the strong forecast, FedEx warned that political turmoil in the Middle East and North Africa could hurt earnings.
It also offered a strong forecast for earnings in the current quarter.
But even more significant, say analysts, was BEA's strong forecast for the fourth quarter, typically the company's strongest.
We will not be changing our forecasts or recommendation on today's update, but would highlight the strong forecast yield support".
PARIS — Cadbury reported increases in 2009 revenue and dividends Tuesday and highlighted a strong forecast for 2010 as it seeks to persuade shareholders to reject a hostile takeover bid from Kraft.
But the clues suggest that it is actually the more boring (but reliable) divisions that are, once again, responsible for Samsung's strong forecast.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com