NEC Elec falls on report profit will miss forecast
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TOKYO: Shares in NEC Electronics Corp had their biggest fall since Oct 12 following a report that said Japan&#39;s third biggest chipmaker will miss its profit forecast as demand declines for semiconductors used in mobile phones and DVD recorders.
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U.S. stock index futures fell on   Wednesday as a government report showed an unexpected decline   in August durable goods orders, rekindling doubt about the   outlook for corporate profit growth.
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Consumer electronics retailer Circuit City Stores Inc.  on Wednesday posted a quarterly loss that it called disappointing and withdrew its earnings forecast, citing a drop in television sales and an uncertain economic environment.
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Electrolux AB, the world&#39;s biggest maker of household appliances, said second-half profit will be less than forecast as costs for materials including steel surge.
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TOKYO Global sales of semiconductor equipment will fall short of forecasts this year and shrink next year, according to a survey of manufacturers released Wednesday.
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Electrolux, the world&#39;s largest maker of household appliances, said Thursday that earnings in the second half of 2004 would be below forecasts because of higher steel prices.
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Stocks fell on Thursday as a drop in Eli Lilly and Co  shares and caution before new home sales data offset optimism about earnings from tech companies Motorola Inc  and EMC Corp .
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The aluminum maker said second-quarter profit slipped nearly 4 percent as outage costs at two smelters weighed down results.
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Infineon&#39;s net profit fell to $54.6 million in the fourth quarter from $63 million in the third quarter of last year. The net result came up short of analyst forecasts of $169 million.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall.
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Shares fall as company warns on global economy, 4Q forecast misses analysts&#39; estimates by 2 cents. CHICAGO  - Diversified manufacturer 3M Co.
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SonicWALL Inc., a maker of network firewalls, on Friday warned its third-quarter profit would miss expectations, hurt by disappointing sales for the second straight quarter.
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Profit fell 94 percent in the third quarter as sales fell in the companyâs cell phone business, but it forecast better-than-expected fourth-quarter results.
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Dutch Philips Electronics   missed analysts forecasts on Monday with second-quarter net  profit depressed by price pressure in LCD displays, but sales  and operating profit rose faster than expected and it announced  a 1.5 billion euro (&#36;1.90 billion) share buyback.
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Electronic Data Systems Corp. EDS.N  on Monday posted a higher-than-expected profit thanks to cost  cutting, but it forecast 2005 earnings would fall short of  analysts' estimates as it hopes to bring back growth by  investing $1 billion in key areas this year.
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Consumer electronics retailer Circuit City Stores Inc.  on Wednesday posted a quarterly loss that it called disappointing and withdrew its earnings forecast, citing a drop in advanced television sales and an uncertain economic environment.
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Electronic Data Systems Corp.  on Monday posted a higher-than-expected profit thanks to cost cutting, but it forecast 2005 earnings would fall short of analysts' estimates as it hopes to bring back growth by investing &#36;1 billion in key areas this year.