Markets & Finance

Higher Forecast for AmeriTrade


Company: AmeriTrade (AMTD)

Year ending: Sep-03

Prior estimate: 0.09

New estimate: 0.22

Rationale: Higher sales from merger, cost controls

Company: Comverse Technology (CMVT)

Year ending: Jan-03

Prior estimate: -0.27

New estimate: -0.39

Rationale: Lower guidance from company

Company: Dana Corp (DCN)

Year ending: Dec-02

Prior estimate: 0.69

New estimate: 0.87

Rationale: Higher auto sales should help profits

SEPT. 10

Company: Ford Motor (F)

Year ending: Dec-02

Prior estimate: 0.18

New estimate: 0.54

Rationale: Sales ahead of expectations

Company: Mellon Financial (MEL)

Year ending: Dec-02

Prior estimate: 1.95

New estimate: 1.65

Rationale: Weak stocks hurting asset management business

SEPT. 9

Company: ConocoPhillips (COP)

Year ending: Dec-02

Prior estimate: 0

New estimate: 3.41

Rationale: Merger of COC, P

Company: Cymer (CYMI)

Year ending: Dec-02

Prior estimate: 0.69

New estimate: 0.59

Rationale: Delayed recovery

Company: NEXTEL Communications (NXTL)

Year ending: Dec-02

Prior estimate: -1.20

New estimate: -1.00

Rationale: Debt reduction, operating efficiencies


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