11. Also, Sunbeam and Rockwell International said that profits could fall short of forecasts. 12. American International Group Inc. and ITT Hartford Group Inc. reported higher first-quarter earnings, while Transamerica Corp. said profit fell as it settled a class action lawsuit. 13. Analysts expect Inco to report its third-quarter profit also fell because of low prices and a drought hampering its Indonesian business. 14. Analysts expect it to say profit fell as it began paying taxes and took a charge for shedding employees. 15. Analysts said feedlot profits fell in the past three months as the price of young feeder cattle surged because of smaller supplies. 16. As a result, beer prices are being slashed, and profits are falling. 17. As for earnings last year, DnB said profit fell from narrower margins and competition, although a strong economy and increased market share countered some of the fall. 18. As a group, the major banks expect operating profits to fall by more than a third for the full year. 19. As profits fall at the weaker restaurant chains, so have their junk bonds. 20. As profits fall further, companies will lay off workers and reduce production to respond to weakening consumer demand. |