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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| February 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

CHEMICALS

Dow Chemical lost 1 cent in Q4

Analysts expected the chemical firm to earn a nickel, ex-items. Dow Chemical earned 36 cents a share a year ago. Sales fell 12% to $6.3 bil due to weak demand and lower operating rates. Dow warned it may have a Q1 loss and a tough '02. Responding to investor worries, Dow said it had $230 mil in asbestos liabilities in '01 but insurance covered $220 mil. Dow rose 4% to 29.54.

COSMETICS

Cosmetics down on weak results

Elizabeth Arden fell 28% to 10.06 after warning Q4 sales would miss views. It does not see a 1st-half improvement. It'll cut 10% of its U.S. staff. Estee Lauder lost 4% to 32.30 after Q2 profit fell 30% to 35 cents, in line with views. Sales fell 3%.

MEDIA

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