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Stock Market & Financial Investment News

News Breaks
November 8, 2012
10:37 EDTFSYSFuel Systems drops sharply after results and guidance, levels to watch
The shares are down over 10.5% following earnings and guidance. Results were inline with consensus, but the company lowered its revenue outlook for fiscal 2012 to a range of $380 million to $395 million per share, versus consensus of $412.19 million. At the current price of $14.16, support is at $13.83, the low of the session. Resistance is at $14.60, the opening price.
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