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(From CBS Marketwatch (Stories))
Decliners
Avid Technology Inc. shed as much as 11% in intraday trading on Thursday, before recovering slightly, after it said it would delay the filing of its financial results for the quarter ended Sept. 30. The Tewksbury, Mass.-based digital media company said it needed additional time to determine the appropriate revenue recognition for a portion of revenue attributable to its new consumer video division, which it recently acquired in a merger with Pinnacle Systems Inc.
Cisco Systems Inc. slumped as much as 3.8% in intraday trading after the networking giant said that fiscal first-quarter earnings fell as it ...