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B4 The Bell Tuezelday October 5


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=DJ Ruby Tuesday Down On Lower Full-Year Outlook >RI

By Richard Gibson

Of DOW JONES NEWSWIRES

 

DES MOINES, Iowa (Dow Jones)--Ruby Tuesday Inc. (RI), blaming management mistakes as well as recent hurricanes and soft consumer spending, lowered full-year earnings guidance on what it expects will be negative same-store sales at its company-owned restaurants.

 

Investors, jolted by the news, sold off the shares in early trading Tuesday. The stock was down $4.40 or 16.1%, trading recently at $23.00 on the New York Stock Exchange.

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DJ OPEC Pres: Grp To Use Remaining Spare Capacity If Needed

 

  BALI, Indonesia (Dow Jones)--Organization of Petroleum Exporting Countries President Purnomo Yusgiantoro said Tuesday the group is prepared to use its remaining spare production capacity to try and ease record high oil prices.

 

  "If it is necessary, yes," Purnomo told Dow Jones Newswires when asked whether the group was prepared to use all of its remaining spare capacity to help cool the market.

 

  Purnomo said OPEC currently had 1.5 million barrels a day of remaining production. :blink:

Dow Jones Newswires

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quiet in here...

 

maybe, tooooo quiet :unsure: :o :huh: :blink: :ph34r:

I would guess everyone is becoming somewhat exhausted with the constant market support/money inflow action.

How long now since a 2% down day in the Dow?

I lost count.

It does appear the "market" is finding it more and more difficult to sustain moves to the upside. Computers playing with each other running from one side of the boat to the other.

Overall the tick action for the last few months suggests we should be much much higher. BWTFDIK.

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I feel like hitting the road again with a quarter-pitch on the fair and carnival

circuits. Can't beat people throwing their money away trying to win

a piece of garbage.....unless it is countering bulls.

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=DJ Ruby Tuesday Down On Lower Full-Year Outlook >RI

By Richard Gibson

Of DOW JONES NEWSWIRES

 

DES MOINES, Iowa (Dow Jones)--Ruby Tuesday Inc. (RI), blaming management mistakes as well as recent hurricanes and soft consumer spending, lowered full-year earnings guidance on what it expects will be negative same-store sales at its company-owned restaurants.

 

Investors, jolted by the news, sold off the shares in early trading Tuesday. The stock was down $4.40 or 16.1%, trading recently at $23.00 on the New York Stock Exchange.

Might also have something to do with a TV expose? recently aired. (on Dateline or something)

 

Study reviewed years of health department records and concluded that, of the top 10 restaurant chains, Ruby Tuesday had the worst heath inspection record.

 

Maybe that ?soft consumer? refers to the consistency of customers? stool after enjoying a healthy portion of the salmonella dressing at Ruby T's salad bar. :lol:

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