Markets & Finance

Chopping Applied Materials Estimates


Company: Applied Materials (AMAT)

Year ending: Oct.-01

Prior estimate: 2.50

New estimate: 1.80

Rationale: Disappointing Q1

Company: ConAgra Foods (CAG)

Year ending: May-01

Prior estimate: 1.88

New estimate: 1.48

Rationale: Higher fuel costs, cold weather


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