UTStarcom shares drop on weak China sales (Reuters) word look up
UTStarcom shares drop on weak China sales (Reuters)2005-05-06 04:05:47
Reuters - UTStarcom Inc. onThursday lost nearly one-third of its market value -- as sharesdove to their lowest level ever -- after the company posted a30 percent drop in quarterly profit on a deepening slump in itskey Chinese business.
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