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Reuters: TomTom cuts outlook, shares drop after rare stumble

Started by chris, April 08, 2008, 03:01:06 PM

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chris

TomTom cuts outlook, shares drop after rare stumble
      


AMSTERDAM (Reuters) - TomTom , the Dutch navigation device maker, cut its 2008 revenue outlook on Tuesday and warned price cuts would hit first quarter sales and profits, sending the stock to a 32-month low.
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