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Outlook Roundup: Microchip Technology, Ceradyne
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Among the earnings projection stories for Tuesday, June 9, from AP Financial News:
CHANDLER, Ariz. (AP) — Microchip Technology Inc. topped expectations with its fiscal first-quarter earnings forecast, citing improving profit margins and demand.
COSTA MESA, Calif. (AP) — Ceramics products manufacturer Ceradyne Inc. reduced its 2009 earnings guidance by more than half on expectations of lower armor shipments and further weakened demand for industrial ceramics. ...
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