Markets & Finance

Lower Forecast for ChevronTexaco


Company: Ascential (ASCL)

Year ending: Dec-02

Prior estimate: d0.12

New estimate: d0.08

Rationale: Better than expected results

Company: Brunswick (BC)

Year ending: Dec-02

Prior estimate: 1.40

New estimate: 1.02

Rationale: Cautious outlook on boat and marine sales

Company: ChevronTexaco (CVX)

Year ending: Dec-02

Prior estimate: 5.58

New estimate: 4.11

Rationale: Weak refined products demand

Company: Cognex Corp. (CGNX)

Year ending: Dec-02

Prior estimate: 0.07

New estimate: d0.10

Rationale: Revenue decline

Company: Cytec Industries (CYT)

Year ending: Dec-02

Prior estimate: 1.90

New estimate: 1.60

Rationale: Lower demand for specialty materials

Company: Quest Diagnostics (DGX)

Year ending: Dec-02

Prior estimate: 2.45

New estimate: 2.90

Rationale: Elimination of goodwill amortization

Company: Rudolph Technologies (RTEC)

Year ending: Dec-02

Prior estimate: 0.26

New estimate: 0.47

Rationale: See increasing demand

Company: T. Rowe Price (TROW)

Year ending: Dec-02

Prior estimate: 1.58

New estimate: 1.84

Rationale: Greater assets under management

Company: Yellow Corp. (YELL)

Year ending: Dec-02

Prior estimate: 1.80

New estimate: 1.50

Rationale: Continued weak environment


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