PMC-Sierra lowers forecast
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With the economy slowly turning up, upgrading hardware has been on businesses radar in the past 12 months as their number two priority.
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LONDON (CBS.MW) -- Philips Electronics on Friday lowered its forecast for semiconductor sales, just two days after the head of the unit said he was stepping down.
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Tyson Foods Inc. TSN.N on Monday cut  its earnings forecast after making a wrong bet on the direction  of grain prices and demand for chicken and beef proved weaker  than expected, sending its shares down 8 percent.
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Forest Laboratories Inc., which makes antidepressants like Celexa and Lexapro, lowered its profit outlook for 2005 as products from generic drug makers are expected to cut into its sales during the year.
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Standard &amp; Poor&#39;s Equity Research lowered the price target for Boston Scientific (nyse: BSX - news - people ) to $41 from $44 and said the company&#39;s dispute with former partner Medinol will likely go to trial next year.
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based on a survey of 5,000 US households -- fell below the average forecast of 99.5 points in September. &quot;The recent declines in the index were caused primarily
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AMSTERDAM, Netherlands (Dow Jones/AP) -- Royal Philips Electronics NV Friday lowered the outlook for its semiconductors division and its industry growth prediction, giving another indication that the sector is experiencing a slowdown due to high inventory
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Rite-Aid steers guidance lower after a difficult November.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook.
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As an experienced backpacker, Frank Horath knew to check the weather forecast before leaving on an overnight hike with family members to an alpine lake in the Sierra National Forest. The forecast said the weather would be clear in the mountains through the weekend, with a storm moving in Monday. They would be home well before then, he thought.
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PMC-Sierra, Inc. (Nasdaq:PMCS) today announced that its Fiber to the  Home (FTTH) solution is now deployed in more than four million Gigabit  EPON Optical Network Units (ONUs).
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he Coca-Cola Company warned yesterday that its earnings for the second half of the year would fall short of forecasts, citing competitive pressures in North America and unseasonably cool and rainy weather in Europe.
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Inventories at makers of dynamic random   access memory (DRAM) chips dropped to their lowest level in 20   months due to growing sales of personal computers in the   so-called back-to-school season, iSuppli Corp. said.
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The first planned launch attempt on Friday December 14 was pushed back due to poor weather conditions. The launch team is now awaiting the first available date on the range to reschedule the launch.
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Fresh Del Monte Inc.  on Thursday cut its 2004 earnings forecast because of weak banana prices, high fuel costs and bad weather, among other factors.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall.
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Credit Suisse First Boston lowered estimates for Analog Devices (nyse: ADI - news - people ) after the maker of integrated circuits provided disappointing guidance.