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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Roads End who wrote (67343)2/13/2001 4:41:19 PM
From: Mark Adams  Read Replies (2) of 436258
 
Klic lays off 300

... He continued, ``Looking ahead, we do not anticipate a return to a more robust business cycle before the end of the 2001 calendar year. The steps we are taking today should position the Company to better serve customers and at the same time, maintain shareholder value.''

biz.yahoo.com

ConAgra warns, hedges against higher energy help

The company said that because of the sudden, sharp rise in energy costs, its risk-mitigating activities were only able to offset part of the increase. Bruce Rohde, chairman and chief executive officer, commented, ``Higher energy costs have an across-the-board impact on everything from production and warehousing to transportation, distribution and other costs of doing business.''

Mr. Rohde said that preliminary estimates are that these additional costs could be as much as $150 million on a pretax basis, or about $.17 cents per share after tax. He added, ``Were it not for the company's hedging efforts, costs would have been even higher.''

biz.yahoo.com
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