Posts Tagged ‘Expectations’

NEW YORK (CNNMoney.com) — Research in Motion posted a fiscal fourth-quarter profit and revenue that missed Wall Street expectations, but the BlackBerry maker’s forecast for the current quarter easily topped analysts’ estimates.
Shares of RIM (RIMM) plunged 5% in after-hours trading after the company reported a profit of $710.1 million, or $1.27 per share. Net [...]

Last month, I reported on how anticipation is (was) building towards a revaluation of the Chinese Yuan (RMB), confidently stating that “The only questions are when, how and to what extent.” While I’m not ready to recant that prediction just yet, I may have to temper it somewhat.
On the one hand, the case for RMB [...]
