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Update: Unisys Sees Earnings at About Half of Consensus

 

Updated from 8:51 a.m. EDT

Investors slammed Unisys (UIS Quote), an information technology company geared toward business customers, in early trading Thursday after the firm said its second-quarter earnings will only be about half of what Wall Street analysts had expected.

Shares closed at 14 9/16, down 8 9/16 or 37%, after reaching a 52-week low of 15 1/4. ...

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