Markets & Finance

Cutting Forecast for Fox Entertainment


Company: AG Edwards (AGE)

Year ending: Feb-03

Prior estimate: 1.83

New estimate: 2.30

Rationale: Improvement in sales and cost controls

Company: Audiovox (VOXX)

Year ending: Nov-02

Prior estimate: 0.07

New estimate: d0.07

Rationale: Weakening wireless market

Company: Fox Entertainment (FOX)

Year ending: Jun-02

Prior estimate: 0.25

New estimate: 0.15

Rationale: Continued weak advertising environment

Company: Murphy Oil (MUR)

Year ending: Dec-02

Prior estimate: 2.34

New estimate: 2.67

Rationale: Higher crude oil prices

Company: RSA Security (RSAS)

Year ending: Dec-02

Prior estimate: 0.28

New estimate: 0.10

Rationale: Continued global economic slowdown

Company: Stewart & Stevenson (SSSS)

Year ending: Jan-03

Prior estimate: 1.44

New estimate: 1.16

Rationale: Depressed industry conditions

Company: Systems & Computer (SCTC)

Year ending: Sep-02

Prior estimate: 0.51

New estimate: 0.23

Rationale: Continued weak demand


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