1. The results were slightly better than expected, mainly because many on Wall Street had previously reduced their outlook. 2. Wheat soared for the fifth day as forecasters reduced their outlook for rain in the drought-stricken Plains states. 3. Blue chips also fell, compounding losses they ran up Monday after IBM reduced its outlook. 4. Blue chips also fall, compounding losses they ran up Monday after IBM reduced its outlook. 5. Losers included companies that reduced their outlooks for the future. 6. SBC Communications Inc. shares tumbled Tuesday after the phone company said a slowing economy and other factors would slightly reduce its outlook for earnings growth next year. 7. Similar concerns prompted UBS Warburg to reduce its outlook for Lucent and Nortel. 8. Such bad news has battered the market in recent weeks, as company after company reduces its outlook for coming months. 9. The electronics cabinetry manufacturer reduced its outlook for the second quarter, citing slowing demand for its products. 10. The online trading firm reduced its outlook for the quarter and year, saying its brokerage operations are being hurt by soft demand. |