The shares of motorcycle manufacturer Harley-Davidson Inc. (HDI: chart) slid 7% before the bell on Wednesday after the company slashed its targets for the year.

Net income rose to $227.2 million, or 77 cents a share, from $204.6 million, or 68 cents a share, a year earlier. Revenue climbed 6% to $1.24 billion.

The company’s stock was off $4.10 at $54.67 on the Inet electronic brokerage network, after closing Tuesday at $58.77 on the NYSE.

Winston-Salem, North Carolina-based BB&T Corp. (BBT: chart) announced its 1Q profit rose 20%, as revenue climbed and loan losses dropped, but profit didn’t meet analyst forecasts.

Net income rose to $395.4 million, or 71 cents per share, from $328.5 million, or 60 cents per share, a year earlier.

BB&T shares closed Tuesday at $39.56 on the NYSE.

The regional supermarket currently operating 142 supermarkets primarily in the New York - New Jersey and Philadelphia metropolitan areas Pathmark Stores, Inc. (PTMK: chart) announced unaudited results for its 4Q and fiscal year ended Jan. 29, 2005.

Sales for the fourth quarter of fiscal 2004 were $996.8 million, a decrease of 1.6% from $1,012.5 million in the prior year's fourth quarter. Same-store sales decreased 2.6% in the fourth quarter. The Company reported a net loss of $262.3 million, or $8.73 per diluted share, in the fourth quarter of fiscal 2004 compared to net earnings of $9.6 million, or $0.32 per diluted share, in the prior year's fourth quarter.

CityBank, Inc. (CTBK: chart) announced consolidated net income of $5.0 million for the quarter ended March 31, 2005, reflecting a growth of 12.6% over the $4.5 million for the same period the previous year. Net income per share (diluted) was $.49 for the quarter, compared with $.44 last year, an increase of 11.4% due to loan volume growth.

Interest income for 1Q of 2005 was up 23.8% from the comparable period in 2004. An increase of $84.6 million or 15.6% in average outstanding loans.

Retailer Burlington Coat Factory Warehouse Corporation (BCF: chart) said its quarterly profit almost doubled due to cold weather. The company announced its net income and sales for 3Q ended Feb. 26, 2005.

For the three months ended Feb. 26, 2005, net income was $66.7 million or $1.49 per share compared with the net income of $36.0 million or $0.81 per share for the corresponding period ended Feb. 28, 2004.

California Pizza Kitchen Inc. (CPKI: chart) reported on Tuesday revenues for 1Q ended April 3 rose 11.9% to $110.3 million from a year earlier, while comparable store sales increased 9.3% compared with a 7.2% growth in the comparable period the year earlier.

The company raised its projected earnings for the quarter to 21 cents - 22 cents a share from its earlier forecast of 18 cents - 19 cents a share.

The independent information storage architect Datalink Corporation (DTLK: chart) reported that revenues for the quarter ended March 31, 2005, rose 5% to $21.2 million from $20.2 million for the same period a year earlier. The company reported a net loss of $4.7 million, or $.46 per diluted share compared to a net loss of $1.8 million, or $.18 per diluted share in the year-ago first quarter.

The world's biggest carmaker General Motors (GM: chart) increased its 1Q market share in Europe to 9.8% which is up from 9.4%.

GM sold 513,200 vehicles in Europe in the quarter, a growth of 2.5% while the overall market fell 1.9% according to the company.

Abbott Laboratories (ABT: chart) reported strong sales and slightly higher quarterly profit, which were damped by charges related to the repatriation of overseas profit under a new federal tax law.

The Abbott Park, Illinois, drug and medical-device maker said first-quarter net income rose 1.8% to $837.9 million, or 53 cents a share, from $822.9 million, or 52 cents a share. In the year-earlier period, earnings included four cents a share contributed by Hospira, a hospital-products division that Abbott spun off in May. Excluding Hospira from the year-earlier period, Abbott's profit was up 10% in the first quarter.

Bluefly, Inc. (BFLY: chart), a leading online retailer of designer brands reported that its net sales for March 2005 rose by nearly 35% to $5.0 million from nearly $3.7 million for March 2004.

Gannett Co. (GCI: chart), the largest U.S. newspaper publisher, announced that the company’s profit slid 3.2% in 1Q on lower broadcasting results. Earnings per share climbed due to stock buybacks.

The company earned $265.7 million in the three months ending March 27, down from $274.4 million in the comparable period one year ago.

Revenue rose 3.6% to $1.79 billion from $1.73 billion.