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Lear Corp. shares tumbled late

Posted 11-05-2012 at 07:32 AM by marcitize12

Lear Corp. shares tumbled late Wednesday after the automotive parts supplier said it planned to restructure in bankruptcy, and shares of Illumina Corp. sank after the company cut its quarterly revenue forecast. Lear (US:LEA) shares fell 35% to 31 cents in heavy trading of more than 2.8 million shares exchanged. The...

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