2.31%C 7.40 5.37%QQQQ 27.81 2.83%
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| EXAR | 6.37 |  -0.27 |
"With expectations for the Sipex business ratcheted down and a new CEO in place, we continue to await signs of improved execution and further insight into the strategic direction of the company before changing our opinion," Schafer wrote in a client note.
Last month, the company named Pedro Rodriguez president and chief executive to replace former President and Chief Executive Ralph Schmitt, who resigned in 2007.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
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