71. Stephen Koffler of Wachovia Securities lowered his estimates based on delays in corporate spending on networking projects and reduced capital spending by telecommunications providers. 72. The automaker lowered estimates for fourth-quarter earnings and said it will cut production next month with a series of plant shutdowns. 73. The first time Frontier lowered estimates, the airline blamed fewer last-minute ticket sales. 74. The department raised its forecast for soybeans and lowered its estimate for wheat. 75. The downward revision reflected the fact that the government dramatically lowered its estimate of for the gross domestic product. 76. The new forecast sharply lowered growth estimates for the world and the U.S. economy below its October report, which had been prepared in advance of the terrorist attacks. 77. The supplier of high-speed telecommunications equipment lowered its estimates for fourth-quarter results citing undelivered components and customer delays. 78. The U.S. Agriculture Department last week also reported declining crop conditions, although it has yet to lower estimates for production. 79. The technology products company lowered estimates for first-quarter results, citing the weak economy and soft demand. 80. Those estimates will be lowered if tougher bankruptcy legislation currently before Congress is passed, Feldstein said. |