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JDS Uniphase Warns Again
Updated from Oct. 23
JDS Uniphase (JDSU Quote) shares slumped 8% Friday after the company rolled out another wave of disappointing earnings and additional job cuts.
For the fiscal first quarter ended Sept. 30, the maker of optical components for communications networks posted a loss of $28 million, or 2 cents a share. A year ago the company lost $521 million, or 37 cents a share. Sales fell to $147 million from $193 million a year earlier. ...
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