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First Solar cuts 2018 earnings and sales outlook, shares slide

The company’s share slid 8 percent to $40 in after-hours trading following the announcement, after closing at $43.52 on the Nasdaq New Delhi: First Solar Inc lowered its earnings and sales forecasts for the year on Thursday, citing lower-than-expected sales of solar panels, higher costs to ramp up manufacturing and the shift of a project […]

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