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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| February 03, 2005 | COPYRIGHT 2005 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

GAMING

Wall Street's wild about Harrah's

The casino operator rose 3.7% to 66.19 after earning 68 cents a share ex items in Q4, up 36% and 2 cents over views, as its benefited from its acquisition of the Horseshoe casinos and the continued popularity of Las Vegas as a business and travel destination. Revenue rose 25% to $1.19 bil. Harrah's Entertainment, which is buying rival Caesars Entertainment for $5 bil, plans to use the upscale Caesars' brand for future projects in the U.K., Macau and Singapore. Shares rose 3.5% to 66.19.

BEVERAGES

Pricing, int'l sales push up Busch

The No. 1 U.S. brewer earned 42 cents a share in Q4, up 17% and 3 cents over views. A Mexican tax break and ...

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