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To: Knighty Tin who wrote (260984)9/18/2003 5:25:05 PM
From: S. maltophilia  Read Replies (1) | Respond to of 436258
 
* 16:51 ET Timken guides Q3 & Y03 below consensus (TKR) 18.01 +0.11: Company warns for Q3 (Sep), now sees EPS at breakeven to a profit of $0.05 (ex items), vs the Reuters Research consensus of $0.12 and prior guidance of $0.10-0.15; also sees Y03 EPS of $0.45-0.60 (ex items) vs an estimate of $0.73 and previous guidance of $0.80-0.95 (ex items). Co attributes shortfall to a decline in N. American automotive demand, continuation of manufacturing inefficiencies in its automotive group and higher-than-expected raw materials costs affecting its steel group.

* 16:22 ET Nike beats by a dime (NKE) 57.18 +0.06: Reports Q1 .....

Bullish! We're all going to walk and get in shape.