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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	11/15/2010 7:27:26 AM
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6:58AM RINO Intl misses by $0.11, misses on revs; guides FY10 revs below consensus (RINO) 11.01 : Reports Q3 (Sep) earnings of $0.31 per share, excluding non-recurring items, $0.11 worse than the Thomson Reuters consensus of $0.42; revenues fell 16.7% year/year to $52.7 mln vs the $55.5 mln consensus. Co issues downside guidance for FY10, sees FY10 revs of $203.0-211.0 mln vs. $222.99 mln Thomson Reuters consensus. Affected by reform and contracting cash flows in the iron & steel industry in China, the company is expecting softer demand for its services in the immediate future. finance.yahoo.com

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