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Kraft lowered its full-year forecast because of weakness in consumer confidence and rising commodity costs.
The Bank of Canada in October cut its economic forecast because of slowing exports.
The company said it could not confirm its 2003 forecast because of soft domestic-tobacco volume.
However, Mr. Obama's Electoral College chances held steady in the forecast because of a strong poll for him in Pennsylvania.
The company warned, however, that profit for the year would fall short of its forecast because of high fuel prices.
The British casino operator Stanley Leisure cut its annual profit forecast because of unfavorable sports results and unpaid gaming debts.
FedEx said it raised its forecast because of an increased volume of international priority packages and "strict cost management".
The results were better than the company had forecast because of higher-than-expected earnings at its Gucci leatherware division.
3M, based in St . Paul also raised its 2003 profit forecast because of lower costs and higher sales.
Daiichi Sankyo, which bought controlling interest in Ranbaxy for $4.6 billion, announced pay cuts for executives and directors after slashing its profit forecast because of the provision.
Last week, Dell also cut its sales forecast because of price competition, causing its share price to fall.Still counting the costsJ.
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