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Earnings Delay Burns Tecumseh

The march to second-quarter financials is delayed for a computer change.

Tecumseh Products

(TECUB)

, a maker of compressors for air conditioning and refrigeration products, said Monday it will delay reporting its second-quarter results because it needs additional time to close books as a result of migration of several of its major operations to its new global enterprise resource planning computer system.

The company added it will delay filing its second quarter10-Q until Aug. 14.

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Shares fell $1.33 to $17.42.

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