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UBS forecast lower demand for chips.
It forecast lower profit for this year.
One reason that everyone has forecast lower prices was the assumption that such cheating would soon resume.
Lower Profits Forecast Just several weeks ago, CBS forecast lower television network profits for the balance of this year.
Dell Computer added its name to the pile of former glamour stocks whose managers have forecast lower growth in coming months.
Only 23 of the poll of 72 economists surveyed this week forecast lower rates by year-end, down from 41 of 62 a few weeks ago.
Similar(33)
But its Asia sales missed expectations and the company forecast lower-than-expected Christmas earnings, sending its share price down.
TeleTech Holdings Inc., which provides customer relations services for companies, forecast lower-than-expected first-quarter profit and revenue yesterday because of the the sluggish economy.
Shares of Lexmark International, the computer printer maker, plunged $9.14, or 15.6percentto to $49.51, after it forecast lower-than-expected profit for its third and fourth quarters, even as it reported a 3percentt rise in second-quarter earnings.
Boeing reported strong fourth-quarter results on Wednesday but forecast lower-than-expected profits for 2012 because of rising pension costs and the slow completion rate for its new 787 Dreamliner passenger jets.
[C4.] Forecast Lowered for Tech Spending Even before the terrorist attacks, information technology spending, which grew 11percentt last year, was slowing.
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