Markets & Finance

Slashing Estimates for FMC Corp.


Company: FMC Corp (FMC)

Year ending: Dec-01

Prior estimate: 6.50

New estimate: 5.35

Rationale: Slow chem profits, planned spinoff

Company: JNI Corp (JNIC)

Year ending: Dec-01

Prior estimate: 0.30

New estimate: 0.15

Rationale: Tech slowdown continues

Company: La Quinta (LQI)

Year ending: Dec-01

Prior estimate: 0.95

New estimate: 1.22

Rationale: Improved prospects

Company: US Airways (U)

Year ending: Dec-01

Prior estimate: d4.20

New estimate: d6.50

Rationale: Weak demand for business travel


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