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STMicroelectronics (STM) Stock Falls on Earnings Miss

2015-05-01 09:53:50| Semiconductors - Topix.net

STMicroelectronics reported earnings of 1 cent a share for the first quarter, below analysts' estimates of 2 cents a share. Revenue fell 6% year over year to $1.71 billion in the first quarter, compared to analysts' estimates of $1.74 billion for the quarter.

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