Battery maker Exide Technologies (XIDE +2.8%) powers back into the green from an early...

|About: Exide Technologies (XIDEQ)|By:, SA News Editor

Battery maker Exide Technologies (XIDE +2.8%) powers back into the green from an early pre-market pasting that had the shares down over 13% on the back of wider FQ1 losses that disappointed the Street. The company attributes the miss to a substantial valuation-allowance charge and lighter revenue, as it contends with steep restructuring expenses, weak demand and higher input costs.