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Federated Department Stores said sales had declined 20percentt since the Sept. 11 terrorist attacks and warned that it might have to reduce its full-year earnings outlook again if business did not improve.
[Page C2.] Raytheon Lowers Its Outlook Again Raytheon said it expects to earn 20 to 25 cents a share in the fourth quarter of 1999, less than half of what Wall Street analysts had forecast.
"It's highly possible that Panasonic will cut its outlook again later," said Mitsushige Akino, chief fund manager at Ichiyoshi Investment.
Macys upped its earnings outlook again earlier this month after a 3.4% jump in January sales.
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"In the last few years, many forecasters have had to revise their forecasts upwards continuously - sometimes the ink was not dry on the previous forecasts before they had to raise their outlooks again".
When the economic outlook brightens again, companies are likely to once again look for greener forms of business travel.
AS THE economic outlook darkens again, one of Barack Obama's longest-serving advisers is bidding the administration farewell.
WESTERN CONFERENCE HOUSTON COMETS (26-6, W.N.B.A. Champion) Coach Van Chancellor Key Players Cynthia Cooper, 5-10 G; Sheryl Swoopes, 6-0 F, Tina Thompson, 6-3 F Season Outlook Once again, it is the Comets' championship to lose.
And government-bond markets show no sign of alarm at the inflationary outlook.Then again, since central banks are such big players in government-bond markets these days, is the yield a true "market price"?
Shares of Green Mountain Coffee Roasters lost almost half their value on Thursday, as management lost the confidence of Wall Street after the company cut its outlook and again badly missed sales estimates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com