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Nextel Communications rose 80 cents, to $6.28, after its chief financial officer said he was confident about meeting forecasts for full-year cash flow and subscriber growth.
It said despite the increase in the PPI bill it still expected to meet market expectations for third quarter profits, but analysts said merely meeting forecasts would be seen as disappointing.
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Wal-Mart Sees December Sales Meeting Forecast.
But just one quarter later it was forced to say it could not meet forecasts.
The company said it was on track to meet forecasts for annual profit of about £110m.
Colgate said that rising costs hurt its profit margins in its last quarter but that the income still met forecasts.
The company said it still expected to meet forecasts for the year because earnings should accelerate in the second half.
The higher shipping rates came as growth in United States business met forecasts for the first time in several quarters.
Earlier this month, Nextel said it had its first full-year profit in 2002 as it met forecasts for subscriber growth.
Nokia said that it would not meet forecasts for sales growth of handsets in the second quarter, particularly in China, because of the disease.
Mr. Sullivan was first arrested in August and charged with using illegal accounting to hide expenses when WorldCom was struggling to meet forecasts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com