Allied Waste lowers earnings forecast a second time
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Shares of Allied Waste Industries Inc. opened lower Tuesday following another pullback in earnings expectations. The Scottsdale-based waste hauler Tuesday cut its 2004 earnings forecast for the second time
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NEW YORK, Sept 14 - Moody&#39;s Investors Service said on Tuesday it may cut the ratings of Allied Waste Industries Inc. (AW.N: Quote, Profile, Research) and its unit Allied Waste North America, citing weaker
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US packaged food manufacturer ConAgra Foods has reported a 10.3% fall in second-quarter earnings due to the divestment of its meat processing activities, but earnings from continuing operations rose.
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Home furnishings retailer lowers expectations.
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The company revised its 2007 sales forecast lower for a third time this year because of price reductions and reduced orders.
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Aerospace and industrial components maker  Barnes Group Inc's  quarterly profit fell 5 percent hurt  by charges related to realignment of the product mix at its  industrial unit and additional tax expenses, and forecast 2008  earnings below Wall Street expectations.
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After a dismal second-quarter showing, the retailer projects a Q3 loss.
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Electronic Data Systems Corp., the world&#39;s second-largest seller of computer services, said US Airways Group Inc.&#39;s bankruptcy will cut its profit, the second time that&#39;s happened in two years.
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Shares of Albertsons fell more than 8 per cent to $23.65 after the number two US supermarket chain missed quarterly earnings expectations and warned full-year profit would be at the low end of estimates.
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Stocks fell for a second day on anticipation that this weekÂs jobs report would show worsening unemployment.
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Steelmaker Nucor Corp.  said on Monday it expects second-quarter earnings to be well below Wall Street expectations, hurt by lower shipments from its bar mill group.
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Accredo Health Inc. ACDO.O, which  provides pharmacy and treatment services for patients with  chronic illnesses, on Monday slashed its profit forecast due to  lower reimbursements from government insurers, sending its  shares down 23 percent in pre-market trade.
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Applied Industrial Technologies Inc. said it expects to report second-quarter profit within the middle of its previous guidance, and reaffirmed its earnings outlook for fiscal 2005.
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Cott Corp., a maker of store-brand soft drinks, lowered its 2004 profit outlook Monday because of increasing raw material costs, and predicted 2005 results that fall short of Wall Street estimates.
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The company said it expects to post its second quarterly loss in more than 50 years because of a hefty one-time charge.
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Office Depot Inc., the world&#39;s No. 2 office-supplies retailer, said it expects earnings per share for the third quarter to fall below current First Call estimates partly because of the recent Hurricanes in Florida.
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Midwest Air Group Inc. , which is trying to fend off a hostile takeover by AirTran Holdings Inc. , said on Tuesday second-quarter earnings will fall short of analysts' expectations and may be lower than a year earlier because of weak fares.