Odds & Ends
No surprises here... Oracle with record revenues & sales, however, number of new software licenses well below expectations, stock punished 4.6%.
Nor here... 1 week after Best Buy disappointed, Circuit City plunged 17% after posting an unexpected quarterly loss and cutting its fiscal year EPS outlook.
1997 Asian contagion redux? Thailand decided to impose currency controls on international investors. This triggered a 15% plunge in Thailand's stock market and sparked contagion concerns in the emerging markets, Thailand now says it will reverse those controls.
Nor here... 1 week after Best Buy disappointed, Circuit City plunged 17% after posting an unexpected quarterly loss and cutting its fiscal year EPS outlook.
1997 Asian contagion redux? Thailand decided to impose currency controls on international investors. This triggered a 15% plunge in Thailand's stock market and sparked contagion concerns in the emerging markets, Thailand now says it will reverse those controls.
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