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IN BRIEF.(TO THE POINT)
Anheuser-Busch expects '02 profit to grow 14% on strong pricing and volume in the U.S. beer market. The brewer had forecast 13%-14%. Anheuser and rival Adolph Coors plan to raise prices.
Merrill Lynch expects Q3 revenue to lag Q2 due to the weak stock market. The brokerage's Q2 revenue was $4.95 bil, down 11% from the year before.
Credit Suisse First Boston cut profit forecasts for Bear Stearns, Lehman Bros. and Morgan Stanley, citing reduced bond underwriting and weak stock offering activity.
Southwest ...
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