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ORCL Warns, SBC Falls, IBM Shoots Up
01.03.2001 23:37

After hours, shares were mixed. Warnings from Oracle and SBC Communications pushed those shares lower, while trader talk helped give Big Blue a big boost. In the retail sector, the Gap also came out with a warning, while Starbucks remained optimistic on 2001 earnings.

After hours trading in Oracle Corp. {ORCL, News, Boards} was temporarily halted as the company warned that, for its fiscal third quarter, it will come in two cents light at 10 cents a share vs. a previous forecast of 12 cents a share. Oracle is slated to report earnings March 15.

Shares of Oracle are down 0.69 to 18.25 in extended hours action. The stock closed the regular trading session at 21.38.

01.03.2001 23:41

Oracle er ned 17% after hours, alle de store er noen noen få til litt flere %, så hadde Nasd vært litt lengre åpen hadde vi vil sett den i det røde igjen. Ønsker oss alle lykke til imorgen....

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