21. With the harvest to date trailing last year, traders are speculating the USDA and Colombian officials will reduce their forecasts. 22. However, flooding in California in mid-March has reduced crop forecasts for this year. 23. MGM reduced its forecast for the year, saying two recent film releases made less money than the moviemaker had expected. 24. Some analysts reduced their forecasts for Reuters earnings following the session and HSBC Securities downgraded its rating of the stock. 25. The company sharply reduced its forecast for the next two quarters. 26. The software maker is the latest tech company to reduce its forecast citing weak business. 27. Brokers reduced profit forecasts for a number of major exporting companies whose sales have been affected by the high value of the pound. 28. Share prices in London fell early on Friday when a key business organisation said that it was reducing its forecast of growth in Britain this year. |