SAR pretext watch: coming back in Reuters news

Discussion in 'Trading' started by harrytrader, Jun 15, 2003.

  1. There was such a long time we didn't hear about SAR since it just disappeared by coïncidence with the earnings annoucement period SAR now reappears in Reuters news with earnings period fading.;jsessionid=3RK3TS5NJT05SCRBAEOCFFA?type=businessNews&storyID=2930688

    "This week, Texas Instruments Inc. TXN.N , the world's biggest maker of semiconductors for cellular telephones warned that current quarter sales and earnings would be lower than expected after the Severe Acute Respiratory Syndrome (SARS) outbreak hurt chip sales in Asia.

    Also blaming SARS, and competition from Chinese rivals, the world's No. 2 mobile phone maker, Motorola Inc. MOT.N , said 2003 sales and profits would not meet forecasts."