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Applied Materials (AMAT -4.8%) is selling off post-earnings, as consensus-beating FQ4 figures...
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Thursday, November 17, 2011, 9:55 AM ETApplied Materials (AMAT -4.8%) is selling off post-earnings, as consensus-beating FQ4 figures get overshadowed by weak guidance and truly dismal order data. The company says FQ4 will represent a bottom for orders, but cautious CC remarks about chip capacity utilization rates and LCD TV demand probably aren't going over well, nor might a forecast for solar equipment sales to fall at least 50% next year. (earlier)
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