Seeking Alpha

Ferro (FOE -21.2%) shares are faltering after it again lowered its 2012 earnings guidance,...

Ferro (FOE -21.2%) shares are faltering after it again lowered its 2012 earnings guidance, mostly owing to a weakening outlook for its business focused on pastes and metal powders used in the production of solar cells. FOE expects to post writedowns of $175M-$200M. At least two research firms - Longbow and First Analysis - downgrade shares.
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