{"id":613,"date":"2008-03-14T08:54:37","date_gmt":"2008-03-14T16:54:37","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=613"},"modified":"2008-03-14T08:54:42","modified_gmt":"2008-03-14T16:54:42","slug":"oakley-pulls-luxottica-down","status":"publish","type":"post","link":"https:\/\/www.boardistan.com\/?p=613","title":{"rendered":"Oakley Pulls Luxottica Down"},"content":{"rendered":"<p><strong>Luxottica Group SpA<\/strong>, the world&#8217;s largest eyewear manufacturer suffered it&#8217;s first profit decline in nine years according to a story on <strong><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601085&amp;sid=au5G0o.htRVk&amp;refer=europe\" target=\"_blank\">Bloomberg.com<\/a><\/strong>. And they&#8217;re blaming <strong><a href=\"http:\/\/www.oakley.com\" target=\"_blank\">Oakley<\/a><\/strong>.<\/p>\n<blockquote><p>Luxottica dropped as much as 5.7 percent after the company said late yesterday fourth-quarter net income declined 3.7 percent on costs to combine sports-eyewear maker Oakley Inc. with its other divisions. The stock was down 79 cents, or 4.7 percent, to 16.21 euros at 9:40 a.m. in Milan. A close at that price would be the lowest since May 20, 2005.<\/p><\/blockquote>\n<p>What a nice welcome to the family. We&#8217;re guessing we&#8217;ll all see some pretty big changes at Oakley in the coming year. We&#8217;ll keep you posted.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601085&amp;sid=au5G0o.htRVk&amp;refer=europe\" target=\"_blank\">Bloomberg.com<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luxottica Group SpA, the world&#8217;s largest eyewear manufacturer suffered it&#8217;s first profit decline in nine years according to a story on Bloomberg.com. And they&#8217;re blaming Oakley. Luxottica dropped as much as 5.7 percent after the company said late yesterday fourth-quarter net income declined 3.7 percent on costs to combine sports-eyewear maker Oakley Inc. with its [&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":[10,12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/613"}],"collection":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=613"}],"version-history":[{"count":0,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/613\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}