EPS100Momentum (71.73)

ACGY down -$1.62 to $23.42/shr on possible increased tax rate on its net income.

November 29, 2007 – Comments (0)

Stock looks still poised to rally into 2008 when its earnings will be far higher than they were in 2007. I am considering that ACGY stock has basically already built in an increase in tax rate since Oct. 1st by falling from $30+ to its price now at $23.42 • Tax Audits Could Affect Acergy Earnings AP (Thu 11:03am • Acergy S.A. Awarded $670 Million Contract in Deepwater Angola Marketwire (Thu 7:03am)