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Reuters alone with Taiwan LCD maker`s earnings surge08.16.2010
Shares in Taiwanese LCD maker Chimei Innolux jumped after Reuters reported exclusively on Aug 9 that the companys earnings per share for the second quarter would be double analysts forecasts. A long history of source building in the company helped Reuters report the news some two hours before the official release. The shares, already up some 4 percent on the prospects of bright earnings, gained further to close up 6.2 percent after the Reuters alert that EPS would beat the T$0.60 forecast. Actual EPS was T$1.43 per share. |
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