41. But Wells Fargo and Banc One said their profits fell, hurt by costs from the acquisitions of First Interstate and First USA. 42. Canadian stocks may open lower, led by Loewen Group Inc., on expectations third quarter corporate profits will fall short of expectations. 43. Compaq said first-quarter profits will fall below estimates, triggering concern that U.S. demand could decline, hurting Japanese components exporters. 44. Cognex Corp. of Natick said its first-quarter sales and profits will fall short of its already-reduced earlier forecasts. 45. Corporate profits are falling in many industries, giving companies less money to spend. 46. Corporate profits may fall if the overnight bank lending rate is raised, Greenspan suggested, and that could hammer stocks. 47. Competitor Nokia Oy of Finland issued another warning that profits will fall short and said it will discontinue its unprofitable television operation. 48. Computer company stocks tumbled, leading the equity market lower, after Digital Equipment Corp. said its quarterly profits would fall short of expectations. 49. Daewoo Electronics Co. said first-half net profit fell because of a greater-than-expected foreign-exchange loss. 50. Dell Computer Corp. said Monday that third-quarter profits would fall below expectations, because the soaring price of memory is driving up the cost of building PCs. |