* Maytag Corp. said second-quarter profit will be about 25% less than forecast because Hoover vacuum cleaner sales fell and costs rose. The appliance maker said it expects profit of about 32 cents a share for the current quarter, down from its earlier estimate of about 43 cents. Maytag shares fell 31 cents to close at $32.17 on the NYSE.
* Bank of America Corp. turned down a request from Wal-Mart Stores Inc. to arrange a $2.25-billion credit line because the world's biggest retailer hasn't hired the bank for investment banking business for six years.
* Morton's Restaurant Group Inc., owner of Morton's of Chicago steakhouses and Bertolini's Authentic Trattorias, said it will post a second-quarter loss because of declining revenue and rising costs. Analysts were expecting earnings of 40 cents a share. On the news, the company's shares fell $2.75, or 11%, to close at $22.74 on the NYSE.