Sears lowers earnings outlook amid weak credit card profits
Sears Roebuck and Co. warned that its credit card unit is dragging earnings as the economy worsens. third quarter forecast to 80-82 cents a share, below analysts' 86 cents. CEO Lacy cited Iraq war risk and West Coast port delays weighing on outlook while retail strength keeps full-year target near $5.15, below $5.27 expected.
MENTIONED IN THIS ARTICLE
Chicago
Sears, Roebuck and Co
Sears
Credit and Financial Products Division
Thomson First Call
Iraq
West Coast
Lacy
Kevin Keleghan
Wheat futures rise on hopes Bush to end West Coast lockout
Chicago AP reports wheat for December delivery up 5 1/2 cents to 3.81 3/4 a bushel, December corn up 2 1/4 cents to 2.60, December oats up 1 1/4 cent to 2.13 3/4, and November soybeans up 1/4 cent to 5.39 3/4 a bushel as optimism grows over a Bush intervention to resolve the port shutdown.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Bush
Stockyards Springfield hog prices slip across carcass quotes
Eastern Cornbelt carcass prices closed 0.75 to 1.00 lower with 0.5 to 0.9 inch backfat ranges: 42.40 to 46.19, 42.24 to 45.90, 41.60 to 45.90, 41.20 to 45.90, and 40.40 to 44.20. Illinois Direct Hogs traded mostly 1.00 to 2.00 higher on light to moderate demand for limited offerings with 300 to 400 pounds at 16.00 to 18.00 and over 600 pounds up to 21.00. boars under 300 pounds 17.00 to 20.00, over 300 pounds 4.00 to 7.00.
MENTIONED IN THIS ARTICLE
Coca-Cola
Proxim Inc
Alcoa Inc
Lee Enterprises Ameren Corp
ConAgra
Lowes
Qualcomm
Apple Computer
CVS Corp
Revco
May Dept. Stores
Ryerson Tull
Applied Materials
Devon Energy
Maytag
Sears
Archer Daniel
McDonalds
Solutia
Dillard Dept. Stores
MetLife
Southern Co
Avaya
Southwest Air
AXA
Dollar General
Microsoft
Baker Hughes
DuPont
Mips Technologies
Sun MicroSystems
Bemis
Eateries
Nbty Inc
SuperValu Inc
Fifth Third
O'charley’s
Union Planters
Birmingham Steel
Occidental Occidental Unova
Bob Evans Farm
First Data Corp US Bancorp
Boeing
Ford Motor Co
USG Corp
BP Amoco
General Dynamics
Old National
Verizon Comm
Brunswick Corp
Harley Davidson
Olin Corp
Harrah's
P-Com
Wachovia Corp CanNat'! Rail
Walgreens
Caterpillar
Intel
Pennzoil
Wal-Mart
Cbrl Group
Integra Bank
Pepsi
Wendy's Int'l
Chester Bancorp
JC Penney
Pepsi Americas
Worldcom Inc
Ciena Corp
Kerr McGee
Pharmacia
First
Union Securities, Inc
Cifra Adr
Kinder Morgan Phillip Morris Cinc. Financial
Kmart
Pier 1
Carbondale
Clear Channel
Kroger
New York
NYSE
AES Cp Aflac
AOL
Jpmorgch
ATT Wels
Jabil
AbtLab Johnnn
AberFite
Kohls
Accenture
AMD
LSI
Log Alcoa LabCos
Allstate
Lehmar
AEP
Lennar
AmExp
Libtyma
AnalogDev
LowesCos
Anheusr
Mbnas
Marsh' S
BankOne
McKesson
BkofAm
Medirnic
Bkny
Baxter
Merck Merrilllyn
BellSouth
BestBuys
Micront
BestSci
Mirant
MorgStan
BrMySq
Motorola
Newmtm
Cablvsnny
Calpine
NokiaCo
Aed
ParkPlc
CapOne Penney
CardalHit
PepsiCo
Carnival
Pfizer
Cendant
ChevrnTex
ColgPal
ReliantRs
Comerica
Corning
RoylDut Cypsem
SBC
Sara Lee
Delta Air Schergel
Disney
Schimb
DowChm
Schwab
Duke Egg Selectra
EMC Cp
SouthnCo
el Paso Cp
EDS
Spratfon
Emulex
Spratpcs
Sysco
Entergy
UXI
Eqoffpt
ExxonMbl
TXU Corp
FanniMac
FleetBost
Texinst Fordm
3McO
FredMac
UPS
GenElec
Hewlettp
Walgrn
Springfield
Illinois
Vixen all natural supplement to boost female libido
Marketing copy promotes Vixen as an all natural dietary supplement to increase female desire and arousal. It cites stress aging and fatigue as factors lowering libido and claims rapid, private results with testimonials about improved desire and intimacy.
Sears Warning Triggers Wall Street Selloff
Unnerved by Sears profit warning investors sell stocks for a fourth straight session. Markets extended six weeks of declines on the Dow, Nasdaq, and S&P as concerns rose over West Coast port shutdown and the risk of war in Iraq. Dow drops 105.56, Nasdaq down 20.50, S&P 500 down 15.30 amid six-week slide. The Nasdaq and Dow near multi-year lows as third-quarter earnings outlook dims.
MENTIONED IN THIS ARTICLE
New York
Sears
Wall Street
Iraq
Bill Barker
RBC
Davi Rauscher
Dallas
Dow
Standard & Poor
WorldCom executive pleads guilty to securities fraud
Buford Yates a 46 year old WorldCom accounting executive pleaded guilty to securities fraud and conspiracy and agreed to cooperate against his bosses in a sprawling case of corporate deception. He testified he was told to inflate expenses and misreport earnings to meet analysts and mislead investors. Prosecutors say he followed orders from CFO Scott Sullivan to conceal 3.8 billion dollars.
MENTIONED IN THIS ARTICLE
NEW York
WorldCom
U.S
Buford Yates
Yates
Scott Sullivan
Also Mentioned on This Page
New York Stock Exchange
Alan Lacy
Paul Liska
Kevin
Glenn Richter
Liska
Sear
S. Jennings
M. Graffam
Second WorldCom
Europe
U.S.A
Dirk
Sydney
Australia
Sandra
Yorkshire
England
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