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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| October 01, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

RETAIL/CONSUMER

Walgreen misses Q4, shares fall

The drug-store chain earned 24 cents, up 14% from 21 cents a year ago but missing views by a penny. Sales grew 15%, with same-store sales up 1.5%. Expenses also grew, due to new stores and promotions to ward off Wal-Mart and other discounters. Shares tumbled 9%.

TRANSPORTATION

Ford, Canadian workers in deal

Canadian Auto Workers reached a tentative 3-year pact. A strike deadline was set for midnight Tuesday. Details weren't given, but the deal was expected to be like the union's pact with GM last week. It included a 3% hike in the first two years, 2% in the third and a $633 bonus.

China to make regional-flight jets

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