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Power-One docks outlook on Eurozone austerity

By   /  Tuesday, October 11th, 2011  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Power-One docks outlook on Eurozone austerity

Power products company Power-One slashed its third-quarter outlook Oct. 11, causing stocks to sink 3.8 percent in after-hours trading. The Camarillo-based firm cut its outlook for third-quarter sales to the $240 million to $245 million range, down from its previous outlook of $265 million to $280 million. It said power conversion revenue was down about Read More →

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