11. Tyco Backs Away From a Deal Tyco International said that its earnings would fall short of its previous forecasts and that it would not complete a takeover previously announced. 12. Previous forecasts have come within a half-percentage point of actual growth. 13. But their spokesmen said their previous forecasts will remain unchanged for the time being. 14. In a sign Singapore will abandon predictions for healthy economic growth this year, the government announced Monday it will soon revise previous forecasts. 15. It said its earnings would be in line with previous forecasts. 16. Kodak said previous forecasts were based on peak business conditions when film sales were increasing by almost double digits. 17. Previous forecasts by the two had differed widely. 18. The company did not offer a new projection for first-quarter sales but said it would be below the previous forecast. 19. The Japanese government on Friday projected further contraction through the rest of the fiscal year ending in March, drastically downgrading its previous forecast. 20. The market generally has rewarded companies that promise to meet previous forecasts or that suggest the worst is over. |