{"id":2948,"date":"2008-12-05T07:20:04","date_gmt":"2008-12-05T15:20:04","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=2948"},"modified":"2008-12-05T07:21:48","modified_gmt":"2008-12-05T15:21:48","slug":"billabongs-biggest-drop-ever","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=2948","title":{"rendered":"Billabong&#8217;s Biggest Drop Ever"},"content":{"rendered":"<p>After <strong>Billabong<\/strong> CEO <strong>Derek O&#8217;Neill<\/strong> <strong><a href=\"http:\/\/www.boardistan.com\/?p=2897\" target=\"_blank\">cut the companies outlook<\/a><\/strong> (blaming the <strong><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=al0AAROtnroc&amp;refer=home\" target=\"_blank\">U.S. retail economy<\/a><\/strong>) earlier this week the stock took a tanking, according to the <strong><em><a href=\"http:\/\/smallbusiness.smh.com.au\/managing\/finance\/billabong-stocks-plummet-912900297.html\" target=\"_blank\">Sydney Morning Herald<\/a><\/em><\/strong>.<\/p>\n<blockquote><p>Shares in Billabong have plummeted more than 21% since chief executive, Derek O&#8217;Neill, cut his profit outlook yesterday and said the worldwide retail gloom was the worst he had ever seen. . . .Stocks fell 18% to $8.20 yesterday, the largest decline since it listed eight years ago. Billabong&#8217;s share price was down more than 3% to $7.94 at 12.50pm today.<\/p><\/blockquote>\n<p>These kinds of stories really aren&#8217;t news any longer, but we&#8217;re going to keep posting them for historical purposes.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/smallbusiness.smh.com.au\/managing\/finance\/billabong-stocks-plummet-912900297.html\" target=\"_blank\">Sydney Morning Herald<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Billabong CEO Derek O&#8217;Neill cut the companies outlook (blaming the U.S. retail economy) earlier this week the stock took a tanking, according to the Sydney Morning Herald. Shares in Billabong have plummeted more than 21% since chief executive, Derek O&#8217;Neill, cut his profit outlook yesterday and said the worldwide retail gloom was the worst [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,3,4,6,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/2948"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2948"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/2948\/revisions"}],"predecessor-version":[{"id":2950,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/2948\/revisions\/2950"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2948"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}