Monday, February 02, 2009

$82 Million in Currency Losses at KLA-Tencor

In addition to the bad news that customer demand is forecasted to remain weak for the duration of 2009, as consumers in most countries slash discretionary spending for electronics and other goods that use semiconductor chips, KLA-Tencor (KLAC-$19.76) is being hit with another poke in the eye by volatile currency movements…. Read More….

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

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