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SOUTHLAND FOCUS

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Bloomberg News

Meanwhile, Sunrise Medical Inc., a Carlsbad-based medical-products maker, said fiscal fourth-quarter earnings will be “substantially” below analyst estimates because of product-pricing and Medicare-reimbursement problems. Earnings before charges for the quarter ending July 2 will be lower than the 12 cents-a-share average estimate of analysts. Sunrise also said it will increase the number of employees fired under a previously announced cost-reduction program to 600 from 375. That and other actions will contribute to a fourth-quarter charge of $6 million, or 16 cents a share. Sunrise issued its warning after the close of markets. Shares fell 13 cents to close at $6.69 on the NYSE.

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