Allied Waste cuts forecast, again
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Allied Waste Industries Inc. cut its 2004 earnings forecast for the second time in three months Tuesday saying sales growth was coming from lower-margin businesses instead of the more profitable landfill operation.
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Nortel Networks Corp. investors predicted Tuesday the telecom equipment giant will again slash jobs when it reports long-overdue results this week, and shrugged off news of another criminal probe into its high-profile accounting woes.
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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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Company offers its second annual pitch of five predictions for what we'll see in the next five years.
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Ford is widely expected to announce another round of job cuts as it finalises a restructuring drive.
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Plus:  Microsoft tops its expectations...Google doubles profit year-over-year...SAP earnings beat estimates...EarthLink trims outlook...AT&#38;T posts $7.1 billion loss...Lucent sees first profitable year since 2000...EMC issues sunny report.
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Weekly data come in line with expectations, feeding hopes for a rate cut while limiting recession fears.
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Facing continued top-line weakness, the company may have to cut costs.
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An antireform demonstration is expected to draw numbers not seen since the fall of 1989.
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Big Lots Inc. (BLI.N: Quote, Profile, Research) on Wednesday forecast a larger-than-expected third-quarter loss and said full-year profit could also fall short of Wall Street&#39;s
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November comps were the same-old same-old, but change is likely on the way.
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Cost-cutting efforts should help turn the company around in 2008.
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Further job cuts, spending cuts and changes in FordÂs lineup of car and trucks are also expected.
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FORT WORTH, Texas -- American Airlines says more job cuts are on the way after the airline had already planned about 1,000 layoffs.
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General Motors Corp. GM.N and Ford  Motor Co. F.N are expected to announce further cuts in  vehicle production levels this week as they move to trim  inventories of unsold cars and trucks following weak sales,  analysts said.
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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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When it comes to August comps, Gap reports more of the same.