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Analysts cut estimates to 19 cents last month.
Analysts reduced their sales forecasts to an increase of 2percentto3percentcent from about 5percentt after Colgate told them to cut estimates.
This is despite an incremental foreign exchange tailwind of around £5m to pretax profit since we cut estimates at the interims.
"This is the 11th quarter in a row that I have cut estimates for the Coca-Cola Company," Mr. Cohen said.
While the government increased projections for economic growth, it cut estimates for nominal growth, or growth that takes into account inflation or deflation.
He cut estimated earnings for Tyson to 10 cents a share, from 35 cents, for the fourth quarter, and to $1, from $1.15, for the 2009 fiscal year.
Pension changes in member countries since the early 1990s have already helped to cut estimated future pension payouts by 20 percent on average, the report said.
Behind the chancellor's claims to be taking the battle against tax erosion to new heights, the small print of the autumn statement showed the Treasury had been forced to cut estimated returns from his earlier anti-evasion efforts.
The decision of the Hong Kong sale managers to sharply cut estimates and merge contemporary Asian with Chinese 20th-century art "seems to have had a positive effect," he added.
Credit Suisse recently cut estimates on both companies, citing macro-economic factors.
Theres no stronger factor in the market than when, as analysts cut estimates, stocks are marked down.
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