Also
* Goodyear Tire & Rubber Co. raised its second-quarter profit forecast because of lower costs and higher sales overseas. Net income will be 10 cents to 15 cents a share, Goodyear said, within the range of analysts’ estimates. The Akron, Ohio-based company had expected second-quarter earnings of 5 cents to 10 cents.
* A planned merger that would reshape the cruise ship industry moved a step closer to completion when Britain approved the union of Royal Caribbean Cruises Ltd. and its smaller rival P&O; Princess Cruises.
* WorldCom Inc. said its MCI Group consumer long-distance unit will miss an interest payment due June 30.
* Argentina’s gross domestic product contracted 16.3% in the first three months of 2002 from a year earlier, as a devaluation, debt default and freeze on bank deposits stunted the economy.
* Winnebago Industries Inc.’s fiscal third-quarter profit rose 45% to $18.1 million, or 90 cents a share. Sales rose 26% to $246.6 million.
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