Visteon warns on 2nd-half sales
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Auto parts maker Visteon Corp. VC.N   on Tuesday warned sales will fall short of its prior 2006   forecast, becoming the latest supplier to fall victim to   production cuts by the Big Three automakers.
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The furniture maker reports a solid Q1, but warns for Q2.
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Struggling automotive supplier Visteon Corp. told its 8,300 white-collar workers that it plans to offer buyouts to a &quot;significant&quot; number of employees by year&#39;s end.
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Nortel Networks Corp. NT.TO NT.TO  posted long-awaited preliminary results for the first half of  2004 on Thursday, estimating first and second quarter earnings  between nil and 1 cent per share.
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Dell Inc.  on Friday warned  that second-quarter earnings and revenue would fall short of  forecasts, blaming what it called "aggressive pricing" in a  slowing market.
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Colgate-Palmolive Co. (CL.N: Quote, Profile, Research) on Monday warned that second-half earnings will fall well short of Wall Street forecasts due to higher marketing spending.
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The EU Commission could fine Microsoft up to 5 percent of its daily turnover if things don't change. Also: Ford recalls almost 800,000 cars that spontaneously burst into flames & hellip;.  The money is rolling in on cell sales & hellip;. and more.
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OUSE prices have fallen for the second month running. Rising interest rates and warnings that the market is overheated have apparently left buyers running scared.
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Blaming shrinking sales to key automotive customers, Visteon Corp. told its 8,300 white-collar workers Thursday that it plans to offer buyouts to a &quot;significant&quot; number of employees by the end of the year.
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Advanced Micro Devices Inc.  , the No. 2 microprocessor maker, warned on Monday that  it will likely miss its quarterly revenue target as it loses  market share among computer resellers, a traditional bulwark of  its business.
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Services firm Rentokil Initial has warned of a likely deterioration in trading into the first-half of 2005 and earmarked some asset sales, as it continues to suffer from shrinking margins.
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Plus: Novell sees weakness in IT spending...Salesforce reports rise in profit...Nortel to lay off 3,500...Intuit posts loss while revenue rises.
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Office Depot Inc. warned Tuesday of weaker-than-expected profits for the rest of the year because of disruptions from the string of hurricanes in Florida and poor sales in the rest of North America and in Europe.
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Nortel Networks Corp., North America&#39;s largest telephone-equipment maker, said sales growth this year will lag that of competitors and predicted third- quarter revenue will fall from the second period&#39;s $2.
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Retreating from an upbeat forecast it  made just last month, Nortel Networks Corp. NT.TO on Thursday  warned that third-quarter sales will fall below its second  quarter and 2004 revenue growth at North America's largest  telecom equipment maker will lag the sector.
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Retreating from an upbeat forecast it made just last month, Nortel Networks Corp. on Thursday warned that third-quarter sales will fall below its second quarter and 2004 revenue growth at
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NEW YORK - Investors worried about third quarter-earnings looked past a surprise drop in wholesale prices, sending stocks lower on profit warnings from Dow component Alcoa Inc. and Visteon Corp...