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Shares of VanceInfo (VIT -28.6%) implode after the firm records a Q2 EPS miss of $0.02, and...

Shares of VanceInfo (VIT -28.6%) implode after the firm records a Q2 EPS miss of $0.02, and issues downward revenue and EPS guidance for Q3. The China-based software firm blames its margin pressure on the "rising inflationary environment in China," and says the near-term outlook isn't clear for the industry.
Comments (1)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    "...blames its margin pressure on the '"rising inflationary environment in China..."'

     

    Don't forget the Royal Wedding,

     

    or bad weather,

     

    or the bad Karma of the year of the Monkey.
    16 Aug 2011, 09:58 AM Reply Like
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