Visteon warns on 2nd-half sales
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Auto parts maker Visteon Corp.   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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Borders Group warns about its third quarter.
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Nortel Networks Corp., North America&#39;s largest telephone-equipment maker, said third-quarter revenue will decline from the second quarter&#39;s $2.
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The French economy is expected to grow 2.1 percent this year, but will limp through the first half of 2005 at a 1.4 percent pace that threatens the official full-year target of 2.5 percent, the national statistics office INSEE said.
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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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VAN BUREN TOWNSHIP, Mich. - Visteon Corp. is offering its 8,100 white-collar employees $1,000 cash bonuses to buy Ford Motor Co. vehicles and boost its largest customer and former parent company in its race with General Motors Corp.
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Nortel Networks Corp., North America&#39;s largest maker of telephone equipment, said revenue in the third quarter will decline from the second quarter&#39;s $2.
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After increasing at double-digit rates for most of the last five years, corporate profits are about to decline for the second straight quarter, if analysts are correct.
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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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Glimpses of advertising are now being tallied down to the second.
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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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ANNUAL growth in global semiconductor sales will probably fall by half in 2005 and memory chip sales growth could collapse as a supply glut saps prices, Samsung Electronics has warned.
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Colgate-Palmolive Co. CL.N on Monday  warned that second-half earnings will fall well short of Wall  Street forecasts due to higher marketing spending.
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Nortel Networks Corp.  on Thursday warned that third-quarter sales will fall below its second quarter and that full-year 2004 revenues at North America's largest telecom equipment maker will lag the overall sector.
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Motorola is warning that second quarter sales and earnings will be lower than expected.
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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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Colgate-Palmolive Co.  on Monday warned that second-half earnings will fall well short of Wall Street forecasts due to higher marketing spending.