| Investment firm Merrill Lynch cut its rating on number two cell phone maker , citing a weak business environment. It also downgraded French telecom firm Alcatel, after Alcatel said it would have a hard time meeting its earnings forecast for the year . Meanwhile, Wall Street remained skeptical about the planned merger of computer companies Hewlett-Packard and Compaq. Their shares dropped for a second day, closing at five-year lows. |
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