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Stock Market & Financial Investment News

News Breaks
January 28, 2013
18:29 EDTSANMSanmina says had a Q1 reserve of $5M for distressed customer
Now carries approximately $2M of exposure related to this customer. Says this customer filed for bankruptcy protection in the United States on January 28. Says evaluating the development and additional reserves may need to be established prior to filing the quarterly report on form 10-Q. Says it is possible that GAAP financial results may change. Comments taken from company's Q1 earnings conference call.
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