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Post Photonics CEO Resigns; Stifel Downgrades; Stk Swoons - 07-22-2008, 05:03 PM

Photonics (PLAB) shares are down hard this morning after the company’s announcement last night of the resignation of CEO Michael Luttati, effective immediately. The company did not give a reason for his departure. As you might imagine, investors are not fond of sudden, unexplained CEO exits. The company, which makes photomasks used in semiconductor production, named [...]

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