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Hollysys Automation Technologies (HOLI -21%) tanks following Saturday's fatal collision between...
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Monday, July 25, 2011, 11:17 AM ETHollysys Automation Technologies (HOLI -21%) tanks following Saturday's fatal collision between two high-speed trains in China. The company - a leading provider of high-speed rail signaling controls in China - has since confirmed its systems were functioning properly at the time of the crash. Roth downgrades the shares to neutral on concerns over the industry's future.
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