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Applied Materials Up on Earnings

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Applied Materials

(AMAT) - Get Applied Materials Inc. Report

was up 4.7% early in the after-hours

Island

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session following a fourth-quarter earnings report that topped forecasts. After the close Wednesday, the semiconductor equipment maker said earnings per share were 77 cents, beating the

First Call/Thomson Financial

forecast of 76 cents and the year-ago 37 cents.