Financially ailing companies blame Iraq war

Hundreds of companies blame the Iraq war for poor financial results in 2003, many warning that continued U.S. military involvement there could harm this year’s performance.


U.S. soldiers in an armored vehicle watch a gasoline tanker blaze after a roadside attack on the edge of Baghdad Friday.


In recent regulatory filings at the Securities and Exchange Commission, airlines, home builders, broadcasters, mortgage providers, mutual funds and others say the war was directly to blame for lower revenue and profits last year.


http://www.usatoday.com/money/companies/2004-06-14-iraq_x.htm