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Re: J-RO post# 26547

Monday, 06/16/2008 5:11:44 PM

Monday, June 16, 2008 5:11:44 PM

Post# of 72979
Based on the news, it'll probably continue south for a few days.

Chiquita stock drops 29 pct after bleak 3Q outlook
Monday June 16, 4:46 pm ET
Chiquita stock plunges 29 percent after fruit company forecasts bleak 3Q outlook


CINCINNATI (AP) -- Shares of Chiquita Brands International Inc. tumbled nearly 29 percent Monday after the banana and fresh fruit producer projected bleak third-quarter results.
The Cincinnati-based company said it expects to report a "significant loss" in its third quarter due to higher costs.




Ouch!
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