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BUSINESS BRIEFS/IN BRIEF.(TO THE POINT)

Investor's Business Daily

| March 01, 2004 | COPYRIGHT 2004 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

DIVERSIFIED

SPX falls 21% after guiding down

The industrial manufacturer's stock fell $11.30 to $42 a share after it said it expects '04 profit of only $3.41-$3.60. Analysts had expected $3.85. At least 2 analysts downgraded the maker of products like lab centrifuges, fire alarms and industrial heating and cooling systems following the disappointing guidance.

LEISURE

Four Seasons Q4 profit up 50%

The luxury hotel chain made 24 cents a share, meeting views and beating its year-ago profit by 8 cents, as travel ...

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