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ALCOA expects to cut costs by $1 billion by the end of 2003. The aluminum giantwill boost productivity and speed up acquisitions.
CELESTICA earned 52 cents a share in the fourth quarter, up 136% from a year ago and beating views by 8 cents. Sales jumped 114%.
CERNER earned 21 cents in the fourth quarter, up 110% and 3 cents over views. Sales rose 33% to $119.6 million. It backed 2001 sales views and raised its profit target.
ADVANTAGE LEARNI
NG SYSTEMS met fourth-quarter views of 18 cents, up 80% from a year ago. Sales rose 27% to $27.4 million.
DARDEN RESTAURANTS said January same-store sales rose 8%-9% at both its Red Lobster and Olive Garden ...