Lastminute.com Says Annual Profit to Be at Low End of Forecasts
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Lastminute.com Plc, an unprofitable UK travel company, expects profit before interest, taxes, depreciation and amortization to be at the lower end of its forecasts next fiscal year as the company struggles to cut costs.
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Harman International Industries Inc , whose $8 billion sale fell apart last week, warned on Monday that quarterly profit would be less than half what Wall Street expected, sending its shares down as much as 8 percent.
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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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Time Warner Inc.  estimates its  AOL division would lose almost &#36;1 billion in operating profit  through 2009 under a plan to offer the unit&#039;s services free to  some customers, The Wall Street Journal said on Tuesday.
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Analysts were last night downgrading forecasts for ANZ after a disappointing outlook took the shine off the bank&#39;s record $2.82 billion annual profit.
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The New York Times Co. (NYT.N: Quote, Profile, Research) on Wednesday reported lower quarterly net profit, weighed down by an inconsistent ad sales environment.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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SAN FRANCISCO -- Slumping Yahoo Inc.'s fourth-quarter profit dropped less than analysts feared, but management signaled the Internet icon's turnaround efforts may still take another year to pay off.
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The maker of Colgate toothpaste and Irish Spring soap  warned that earnings for the second half of the year will fall  short of earlier forecasts due to high marketing costs.
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New York Times Co. (NYT) on Monday forecast third-quarter and full-year earnings below Wall Street&#39;s average estimates, citing lower-than-expected revenue so far in September.
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Time Warner Inc  said on  Wednesday it expects profit growth to slow in 2008 but possibly  exceed Wall Street estimates after it reported quarterly  earnings that reflected increases in broadband and phone  subscribers and sales of "Harry Potter" and "300" home videos.
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STOCKHOLM  - Electrolux AB, the world's biggest maker of household appliances, said Wednesday that its profit outlook for the rest of 2004 would be lower than forecast, in part because of rising prices for raw materials like steel and extreme competition with other white-goods manufacturers.
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The company forecast earnings growth in fiscal year 2008 below the companyâs long-term target of 10 percent to 15 percent.
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Office Depot Inc. ODP.N on Tuesday  warned that profit for the rest of the year would fall short of  forecasts because of the string of hurricanes in Florida and  poor sales elsewhere, sending its stock down 6.5 percent.
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The home goods retailer Bed Bath & Beyond posted a lower fiscal third-quarter profit and warned that this quarterâs results would be lower than expected.
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Colgate-Palmolive Co., the world&#39;s largest toothpaste maker, said second-half profit will be less than analysts&#39; estimates because of higher marketing and raw material costs.
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Electrolux AB, the world&#39;s biggest maker of home appliances, warned Thursday that its profit expectations for the rest of 2004 would be less than expected because of a rise in steel prices.