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Markets & Finance

Raising Forecast for AnnTaylor

Company: AnnTaylor (ANN)

Year ending: Jan-03

Prior estimate: 1.62

New estimate: 1.92

Rationale: New merchandise offerings

Company: Fleming Cos. (FLM)

Year ending: Dec-02

Prior estimate: 2.18

New estimate: 2.58

Rationale: Benefit from goodwill accounting

Company: Visteon Corp. (VC)

Year ending: Dec-02

Prior estimate: 0.45

New estimate: 0.25

Rationale: Increased pressure on margins

MAR. 7

Company: Celgene Corp. (CELG)

Year ending: Dec-02

Prior estimate: 0.34

New estimate: 0.15

Rationale: Higher R&D costs, lower revenues

Company: Ionics Inc. (ION)

Year ending: Dec-02

Prior estimate: 1.10

New estimate: 0.85

Rationale: Continued weak microelectronics

Company: Tribune Co. (TRB)

Year ending: Dec-02

Prior estimate: 0.79

New estimate: 1.17

Rationale: Recovery earlier than seen

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