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Shares of International Rectifier (IRF) trail off 1.9% premarket after the firm lowers its...

Shares of International Rectifier (IRF) trail off 1.9% premarket after the firm lowers its revenue guidance on weaker demand in Europe and China. The firm now expects FQ2 revenue of $229M-$230M, down from its prior estimate of $240M to $270M.
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