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AFTER THE CLOSE.(TO THE POINT)

Investor's Business Daily

| May 02, 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

XEROX'S credit ratings were cut by Moody's, citing concerns over cash flow and debt.

AMERICAN AIR'S load factor fell 2.1 points in April to 69.3%. Traffic fell 15.9%.

PRICELINE.COM earned 2 cents a share in Q1, meeting views. It lost 3 cents a year earlier. The online reservation firm's sales beat estimates.

PROTEIN DESIGN LABS CEO Laurence Jay Korn resigned. He'll remain chairman. The biotech's R&D president also quit. Protein Design ...

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