BRIEFCASE 3D SYSTEMS SEES LOWERED EARNINGS.Byline: - Staff and Wire Services VALENCIA - 3D Systems Corp. cautioned investors Tuesday that it might miss its revenue target for the third quarter. Rather than making the anticipated $38 million to $40 million goal, the design firm expects to post numbers in the $31 million to $32 million range when it reports Oct. 17. The decrease is blamed on a drop in orders from automotive and aviation customers following the Sept. 11 terrorist attacks. Top agency backs online music deal The recording industry has reached an agreement with songwriters and music publishers over licensing music for distribution over the Internet. The agreement announced Tuesday helps clear the way for two industry- backed music distribution services to launch later this year. Online music site Napster reached its own agreement with the music publishers last month. The deal allows the members of the Recording Industry Association of America, which includes all five major labels, to license for online use any song from the Harry Fox Agency The Harry Fox Agency is the United States of America's largest agency collecting and distributing mechanical license fees on behalf of music publishers. External links
Harry Fox Agency, a subsidiary of the National Music Publishers' Association The Music Publishers' Association of the United States (MPA) is the arm of the music industry responsible for the production and distribution of sheet music, and is the oldest music trade organization in the United States, founded in 1895. , represents 27,000 music publishers who in turn represent the interests of more than 160,000 songwriters. Fry's puts kibosh ki·bosh n. Informal A checking or restraining element: had to put the kibosh on a poorly conceived plan. [Origin unknown. on Egghead buy SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - Quirky quirk n. 1. A peculiarity of behavior; an idiosyncrasy: "Every man had his own quirks and twists" Harriet Beecher Stowe. 2. high-tech retailer Fry's Electronics Fry's Electronics is a specialty retailer of software, consumer electronics, computer hardware and household appliances with a chain of superstores headquartered in Silicon Valley. Starting with one store located in Sunnyvale, California, USA, the chain now boasts sales of $2. has called off its deal to buy bankrupt Internet merchant Egghead.com for $10 million, throwing the site's fate into limbo limbo In Roman Catholicism, a region between heaven and hell, the dwelling place of souls not condemned to punishment but deprived of the joy of existence with God in heaven. The concept probably developed in the Middle Ages. and triggering accusations that Fry's double-crossed Egghead as part of a Machiavellian plot. Toys 'R' Us losses pass expectations PARAMUS, N.J. - Toys 'R' Us Inc. said Tuesday that it expects a wider loss for the third quarter than originally projected, citing the impact of the Sept. 11 terrorist attacks in an already weakening weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak  en·er n. economy.
The nation's second-biggest toy seller behind Wal-Mart Stores Inc. said Tuesday that it now expects to lose 22 cents a share in the quarter that ends Nov. 5, more than double the consensus for a 10-cent loss per share projected by Wall Street analysts before the attacks. Analysts surveyed by Thomson Financial/First Call had been revising their estimates since Sept. 11 with the current consensus at a 13-cent loss. The company lost 32 cents a share in the same period a year ago. Nordstrom layoffs up, profits down SEATTLE - Citing the economic effects of the Sept. 11 terrorist attacks, Nordstrom Inc. on Tuesday markedly reduced its earnings expectations for the third quarter and said it had laid off about 900 more people than originally reported. The Seattle-based clothing retailer said it expects to have earnings of between 3 cents and 6 cents a share for the quarter ended Sept. 30, compared with previous expectations of 17 cents to 20 cents a share. |
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