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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (1478)	7/10/2002 10:40:14 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 25522

>> will not use margin. Gottfried, Please don't waver from that decision, no matter how tempting. Sarmad

To: Gottfried who wrote (1478)	7/11/2002 8:14:25 AM
From: Proud_Infidel	Respond to of 25522

Some good news for once! Wal-Mart Sales Up, Raises Earns Estimates BENTONVILLE, Ark. (Reuters) - Discount retailer Wal-Mart Stores Inc. (NYSE:WMT - News) on Thursday raised its second-quarter and full-year earnings guidance citing better-than-expected sales. Wal-Mart, the world's largest retailer, now sees second-quarter earnings of 44 cents to 45 cents per share, up from its previously stated forecast from 43 cent to 44 cents per share. For the full fiscal year, the discount chain said it now expects earnings per share of $1.76 to $1.78, up from prior guidance of $1.74 to $1.76 per share. Analysts on average expected a second-quarter profit of 44 cents a share and $1.78 for the full year, according to Thomson First Call. Wal-Mart's sales at stores open at least a year, or same-store sales, rose 7.9 percent in June, above the company's expectation for same-store sales growth at the upper end of a range from 5 percent to 7 percent. ************************************************* Kodak Sees Earnings Above Estimates ROCHESTER, N.Y. (Reuters) - Eastman Kodak Co. (NYSE:EK - News), the world's top maker of photographic film, on Thursday said its second-quarter earnings would be higher than estimated, though still below a year ago, as its wrenching restructuring efforts pay off sooner than expected. Kodak, which has cut thousands of jobs in an effort to combat stiff competition and tepid demand for its main-line photography products, said it expects to earn 97 cents per share in the second quarter. Excluding a one-time tax benefit and an asset write down, its earnings for the period should come in at about 85 cents per share, exceeding its earlier estimates of 60 to 70 cents per share. Wall Street analysts on average were expecting Kodak to earn 63 cents per share in the second quarter, according to research firm Thomson First Call. The Rochester, New York, company said the results were driven by improved manufacturing productivity and earlier-than-expected cost savings from its restructuring.