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First Solar falls on weak sales forecast


01 March 2012 by

REUTERS - Shares of First Solar (FSLR.O) fell 10 percent on Wednesday morning, after the U.S. solar panels maker posted a quarterly loss and trimmed its 2012 sales forecast.


The world's lowest-cost solar panel manufacturer was hurt as prices for the equipment that turns sunlight into electricity halved last year.

 

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