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CHEMICAL
Scotts lifts '04 outlook by 3%-6%
The lawn and garden product maker expects net income to rise 13%-16% from '03, when it earned $3.57 a share. It had forecast a 10% rise, slightly below views of $4.07, or a 14% rise. It also nudged its sales forecast from 6%-7% growth to 7%-8%. Scotts did caution that its international business would perform below expectations. Shares rose 6% to 63.88.
TECHNOLOGY
Former CA execs face $1 bil suit
Investor Sam Wyly filed a suit on behalf of Computer Associates, seeking to recoup more than $1 bil from 10 former and 2 current execs, including former CEOs Charles Wang and Sanjay Kumar. The suit alleges the money was paid to the execs based on false financial ...