Ann Taylor Forecasts 4th-Quarter EPS Loss
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AnnTaylor Stores Corp.  on Friday forecast a fourth-quarter net loss, including charges, of between 14 and 18 cents per share.
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Sony Corp (6758.T) said the operating  margin at its electronics operations is expected to beat its  target for the year to March, but operating loss at its  videogame unit will likely be double its initial forecast.
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U.S. stocks to watch on Tuesday:  SILICON STORAGE TECHNOLOGY SSTI.O: The flash memory company  said its fourth-quarter revenue would fall below expectations.  Its stock closed at $7.01 on the Nasdaq.
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U.S. stock futures pared losses on Wednesday after a government report showing a stronger-than-expected pace of economic growth in the fourth-quarter boosted hopes for solid corporate profits.
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Texas Instruments Inc. TXN.N, the  world's largest maker of chips for cell phones, on Tuesday said  it expects fourth-quarter revenue and earnings per share at the  mid range of its previous estimates, as order trends remain  soft.
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Figures showed property price falls for the fourth consecutive month, down 0.6 per cent according to latest research, which predicts more falls to come.
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Lower end of loss estimates upped to $4B; losses could reach $10B to make it 2nd most costly. By Chris Isidore, CNN/Money senior writer.
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The company tightens its forecast on cost concerns.
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Investor's Business Daily - The National Assoc. of Realtors cut its &#39;07 outlook for the fourth consecutive month. Home resales will fall to 6.18 mil from last month&#39;s forecast of 6.29 mil and well below the initial 6.42 mil forecast. The median existing-home sales price will fall 1.3%, more than the previously forecast 1% slide. The median new-home price will fall 2.3% to $240,800, reversing the Jan. forecast for a 2% gain, NAR said.
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Andrew Corp. Thursday forecast a fiscal fourth-quarter loss on lower revenue, citing rising raw materials costs and weak demand in North America as two large customers that are about to
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US stock-index futures dropped after Coca-Cola Co., Xilinx Inc., and Tribune Co. said sales or earnings will miss forecasts. ``Profits and outlooks are falling short and that will disappoint
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While the bank predicted that it would make a profit in the fourth quarter, analysts were concerned about the likelihood of additional write-downs.
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(Corrects Reuters Estimate figure in 4th paragraph to $1.20
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Still carrying the weight of costs related to last year&#39;s&#160;acquisition of graphics vendor ATI, AMD recorded its fourth straight quarter of net losses Thursday.
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Plus: Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall...Sony profit up, forecast cautious.
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Investor's Business Daily - That&#39;s a little softer than the prior reading of 4% and estimates for a 3.9% annual rate. But it&#39;s still the best in a year. Net exports were a little weaker than prior estimates said. Still, trade and business investment offset another sharp drop in home building as well as sluggish consumer spending. Most economists expect slower 2nd-half growth as a credit crunch takes its toll on housing and other sectors.
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Lennar Corp. , the second-largest U.S. home builder, posted a quarterly loss on Tuesday, forecast a loss for the current quarter and warned that the weak housing market could deteriorate further.