BAD NEWS ADVISORY FROM RAYTHEON PUSHES STOCK DOWN SHARPLY
An announcement by Raytheon Tuesday that it was reducing its 1999 and 2000 earnings expectations caused the company's stock price to plunge nearly 20 points Wednesday, to new 52-week lows. Raytheon A shares dropped 19.5 points to $22.5 and Raytheon B shares were off 18.75 to $24.25. Less than a year...
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