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Take-Two, which makes the "Grand Theft Auto" games, also revised forecasts for 2004.
It said: We have revised forecasts following the recent first quarter production reports and changes to our commodity price assumptions.
Separately, a regulator in Massachusetts issued a subpoena to Morgan Stanley as part of an investigation into whether the investment bank had selectively distributed revised forecasts for Facebook.
Based on those talks, several analysts lowered their forecasts for the social networking company and later discussed these revised forecasts with certain institutional clients.
Since the announcement Ford's share price has fallen by more than 10%.The revised forecasts came as a surprise to many analysts.
Paul Smee, the director general of the CML, said: "After a slower than expected start to the year, lending now appears to be picking up as we expected, and in line with our recently revised forecasts".
Similar(41)
This results in a revised forecast loss of £5m.
Brent Long poked his head in and delivered a revised forecast.
ZenithOptimedia also released a revised forecast for growth in global advertising spend of 4.8%, to $489bn.
Gross margins dropped to 55.7percentt, compared with the company's earlier revised forecast of 58percentt.
Some analysts were expecting the revised forecast to be worse than it actually was.
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CEO of Professional Science Editing for Scientists @ prosciediting.com