Britain's benchmark interest rate has been at a 38-year low of 4percentt since last November and economists have gradually scaled back forecasts of an increase in the fall.
Sunbeam shares peaked at $53 in March 1998, shortly before the company was forced to begin scaling back forecasts of profits.
Indeed, Fiat's new-car registrations were down 5.5% in Europe last year, and the Agnelli family, which still controls the business, has scaled back forecasts for 2009, projecting a loss 300 billion euros ($400 billion).
The company scaled back revenue forecasts for the remainder of the year, and withdrew its profit forecast.
It scaled back revenue forecasts for the remainder of its financial year, which ends next January, and withdrew its earlier profit forecast.
Nortel Networks and Dell Computer scaled back earnings forecasts after the market closed Thursday.
Many economists expected that interest rates would stay low, and have been scaling back their forecasts for economic growth for the rest of the year.
"With mixed economic data, euro-area tremors, and the Bank of England governor's evident reluctance to hike rates, we are (rather belatedly) scaling back our forecasts for MPC tightening.
Government budget analysts and private economists were scaling back their forecasts for the federal budget surplus in the coming year, saying it could be $25 billion to $50 billion instead of the $176 billion previously projected.
The announcement came one week after Mr. McDonough warned analysts to scale back their forecasts for the third time this year, a move that helped drive Newell's stock to its lowest level since 1994.
Since then GM has repeatedly scaled back its forecasts.
