The! Biggest! News! of! the! Day! - Not PPI, Oracle's Software Licenses or Thailand's Baht
Here are some of the contenders for today's biggest...news...of...the...day...
- Earnings from Oracle (ORCL) that matched expectations - new software licenses sales, however, offered a concern that is pressuring the stock...
- A plunge in Asian stocks as Thailand's central bank imposed rules to reign in the baht...Thailand's SET Index sank nearly 15 percent...
- A higher-than-expected PPI report - producer prices increased two percent while the core PPI climbed 1.3 percent....
- Some skepticism on the market as it is said "there's good reason to fear that big profit increases may soon be a thing of the past, and with them the big market gains of the past four years"...
- A disappointing earnings report from Circuit City (CC) that has the stock poised to gap lower at the open...
- Word that eBay (EBAY) will partner with a Chinese company and close its main website in China...
- A look into AOL's new strategy...
While those are all stories worth watching, I think it is obviously clear that the biggest story is this - Woman tells cop she bought 'bad crack'...as you might expect "woman was arrested after complaining to a police officer that the crack cocaine she had just purchased wasn't very good"...


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