Lower Forecast for MeadWestvaco

S&P revises earnings estimates for Cooper Tire & Rubber and others

Company: Cooper Tire & Rubber (CTB )

Year ending: Dec-02

Prior estimate: 1.20

New estimate: 1.35

Rationale: Better than expected vehicle production

Company: MeadWestvaco (W )

Year ending: Oct-02

Prior estimate: 1.70

New estimate: 0.60

Rationale: Company guidance

Company: Millennium Chemicals (MCH )

Year ending: Dec-02

Prior estimate: Nil

New estimate: d0.25

Rationale: Weaker outlook

MAR. 14

Company: Comverse Technology (CMVT )

Year ending: Jan-03

Prior estimate: 0.60

New estimate: d0.08

Rationale: Lower company guidance

Company: Evergreen Resources (EVG )

Year ending: Dec-02

Prior estimate: 1.31

New estimate: 0.81

Rationale: Revised commodity price expecations

Company: Sepracor (SEPR )

Year ending: Dec-02

Prior estimate: d3.75

New estimate: d4.20

Rationale: FDA non-approval of Soltara

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