AZ Electronic shares slide after profit warning

LONDON (Reuters) - AZ Electronic Materials, a maker of chemicals for Apple's iPad displays and memory chips, warned that profit would be lower than expected in the first half, wiping a quarter of the value of its share price. The company said on Tuesday that its core earnings margin for the first six months of the year would dip below 30 percent, resulting in 2013 group margins coming in below normal levels. It forecast an improvement in the second half. ...



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