said it would
miss third-quarter earnings and announced that its president and chief operating officer, Christine Whitman, resigned to pursue other interests. Today,
Credit Suisse First Boston
cut the company's EPS view. The firm slashed Veeco's 2000 EPS view to 83 cents a share from $1.36 and its 2001 EPS view to $2.30 a share from $2.75.
Electronic Data Systems
: UP to long-term buy from hold at CSFB. The firm also upped EDS' fourth-quarter earnings estimate to 67 cents a share from 66 cents and its 2001 earnings estimate to $2.55 a share from $2.45 after the company
won a computer services contract with the Navy worth up to $9 billion. Also,
raised the company's rating to a buy from accumulate.
: DOWN to hold from buy at
; DOWN to neutral from outperform at
and 12-month price target DOWN to $14 from $48.
: price target DOWN to $80 from $89 at
Deutsche Banc Alex. Brown
Merrill started coverage on two
-listed Chinese Internet portals with ratings of intermediate-term accumulate.