Wed 26 Sep 2007
I am so sad this morning to see the big fall of our company stock, then we found out is because they are paying more for vacations to employees, so I guess I am one of the reason of it, but still hope it can get back as I could have sold it 2 months ago and make a great profit, oh, stock, stock, stock.
NEW YORK (Dow Jones)–Shares of Resources Connection Inc. (RECN) fell 24% and hit a new 52-week low Wednesday after the professional-services company posted weaker-than-expected quarterly profit and margins.
The provider of accounting and finance consulting services late Tuesday said its fiscal first-quarter net income rose 5.8% year over year to $11.6 million, or 23 cents a share, on an 18% rise in revenue to $194.1 million. Both figures undercut analysts average forecasts for earnings of 28 cents …
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