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Fulcrum Global Cuts Harrah's EPS Forecast23 June 2003NEW YORK – As reported by Reuters: “Fulcrum Global Partners on Monday said it cut its per-share profit outlook for casino operator Harrah's Entertainment Inc. (NYSE:HET) for 2003 to $2.85 from $2.95 and for 2004 to $2.94 from $2.98. “The reductions reflect `softer than previously expected demand trends and the accrual of one month of higher taxes (on a retroactive basis) in Indiana,’ analyst Joseph Greff said in a research note…” |