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Ferro (FOE +2.5%) moves higher today after saying it's sold assets related to its solar pastes...

Ferro (FOE +2.5%) moves higher today after saying it's sold assets related to its solar pastes business to Heraeus, a private global precious metals and technology company based in Hanau, Germany. Financial details of the transaction were not disclosed. With the sale, FOE will eliminate operating losses associated with the solar business. For FY13, FOE now expects EPS of $0.25 to $0.30, higher than estimates of $0.23.
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Comments (1)
  • sheldond
    , contributor
    Comments (1305) | Send Message
     
    I love this stock. Especially since they are dropping the solar paste product line.

     

    Long FOE
    6 Feb 2013, 09:25 PM Reply Like
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