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"Trustbusters zero in on Orbitz" (In Business This Week, June 23, 2003)


"Trustbusters zero in on Orbitz" (In Business This Week, June 23) stated that a June 10 Justice Dept. report on airline reservation systems criticizes "online ticketer Orbitz for what it deemed anticompetitive behavior." While the report does raise questions about some industry practices and says that Justice has been closely examining Orbitz LLC, it does not criticize Orbitz for anticompetitive practices. In "The Information Technology 100" (Cover Story, June 23), the return on equity for Rogers Communications (RG) Inc. should have been 69.3%, not 84.8%. This change, however, does not affect the company's ranking in the return-on-equity category or the overall list. "Drooling over Heinz?" (Inside Wall Street, June 30) should have said that Bear, Stearns & Co. analyst Terry Bivens did not lower his fiscal 2004 earnings estimate to $2.02 a share for H.J. Heinz (HNZ) & Co. Bivens retained his forecast of $2.15 a share. H.J. Heinz spokesman Ted Smith also argues that Heinz has strong earnings and sales targets -- 8% to 10% for earnings and 3% to 4% for sales -- contrary to what analysts say. "Schering's Dr. Feelbetter?" (People, June 23) incorrectly stated 2002 revenues for the drug Detrol. The correct figure is $757 million.


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