AlphaSmart cuts earnings view due to lower demand
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LOS GATOS, Calif. (Dow Jones/AP) -- AlphaSmart Inc. stock set a year-low Tuesday after the maker of simple computers cut its 2004 outlook, citing lower-than-anticipated demand in the education market.
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U.S. stocks ended lower on Tuesday as  investors were spooked by weaker-than-expected earnings from  aluminum producer Alcoa Inc. AA.N and chip maker Advanced  Micro Devices Inc. AMD.N issued a sales warning.
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The chip maker lowers estimates again on weak demand from consumers. Is this strike three?
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The company's lowered earnings expectations provide a reason to consider other options.
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Sales were lower than expected, and the quality of earnings is in question.
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Wall Street analysts have lowered expectations for U.S. corporate earnings in the first two quarters of 2008, after results for the fourth quarter showed conditions much worse than initially expected, according to a weekly survey by Reuters Estimates.
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The home-furnishings retailer reports lower earnings but beats expectations.
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Young women's clothing retailer Charlotte Russe Holding Inc.  on Thursday slashed its quarterly earnings and sales forecast after a disappointing back-to-school season, sending its stock down 21 percent.
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Bradford & Bingley reports a sharp fall in profits after cutting the value of some housing market linked assets.
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Texas Instruments Inc , the  biggest maker of chips for mobile phones, on Monday reduced its  fourth-quarter earnings outlook on lower-than-expected chip  revenue.
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Weak revenue growth causes analysts to reduce estimates for AMR, dragging the entire sector lower on Wall Street.
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ATLANTA - The Coca-Cola Co. is lowering its long-term targets for earnings and growth in sales volume amid continuing weakness in key markets.
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The struggling home furnishings retailer posts a 37% drop in Q3 earnings and cuts guidance.
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Accredo Health lowers earnings guidance for 2005.
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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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Lucent Technologies Inc. LU.N on  Wednesday posted lower quarterly earnings and disappointing  sales despite improved demand for wireless network products,  and the telecommunications gear maker's shares fell.
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Sony Corp. on Thursday cut its operating  profit estimate for this business year by 31 percent, citing  sharply falling prices of televisions, video cameras and other  key consumer electronics products, and weak demand for chips.