OSI shares tumble after disappointing forecast
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Shares of OSI Systems Inc. (OSIS.O: Quote, Profile, Research) tumbled more than 18 percent on Friday, the day after the security screening company reported higher fourth-quarter
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Stocks slid for a sixth day on Wednesday as disappointing profit forecasts from Apple Inc and Motorola added to recession worries, pushing the Nasdaq across the threshold that signals a bear market.
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EDS (EDS:NYSE - news - research) shares slipped Thursday after the company warned that an airline industry bankruptcy could take a big chunk out of earnings.
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Shares of Ariba Inc. plunged Tuesday after the software maker reported unexpectedly weak results for the latest quarter.
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US technology shares tumbled on Friday after technology bellwether Intel Corp. (INTC.O: Quote, Profile, Research) slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks made solid gains.
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European and US shares fall sharply as poor economic and corporate news adds to fears of a US recession.
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The leading share index fell below 6,000 points for the first time since August 2007, with mining issues the biggest casualties amid fears of a global economic slowdown, dealers said Wednesday.
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US stocks declined this week as disappointing sales forecasts from technology companies such as Xilinx Inc., Altera Corp. and Texas Instruments Inc.
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The leading share index slipped into negative territory as the Lonmin mining group slumped by almost seven percent after cutting its full-year sales forecast, dealers said Monday.
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Shares of Synopsys Inc. (SNPS.O), a semiconductor design software maker, tumbled before the bell on Thursday, a day after the company reported lower quarterly net income and said results in the current quarter would be below Wall Street estimates.
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Shares of Synopsys Inc. SNPS.O  tumbled on Wednesday after the semiconductor design software  maker reported lower third-quarter net income and said  fourth-quarter earnings and revenues would be below Wall Street  estimates.
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The companyâs shares plunged 15.9 percent to a nearly four-year low of $10.36 in morning trading after its net profit fell 84 percent in the fourth quarter.
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U.S. technology shares tumbled on  Friday after Intel Corp. INTC.O, the world's No. 1 chip  maker, slashed its revenue forecast, but blue chips were only  moderately lower as drug and industrial stocks gained.
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Stocks tumbled on Thursday as data showing a plunge in regional factory activity and news of a hefty loss by brokerage Merrill Lynch fanned worries about the economy.
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The Dow Jones share index tumbles more than 360 points, amid concerns over the state of the economy.
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Investors react to a disappointing earnings projection and to testimony that dampens hopes of negotiations with Oracle.
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Shares plunge, company says to miss Wall Street forecasts as price cuts, expansion squeeze margins. NEW YORK  - Wild Oats Markets Inc.