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Fly News Breaks for November 5, 2018
UMC
Nov 5, 2018 | 07:39 EDT
CLSA downgraded UMC (UMC) to Sell from Underperform citing the US federal grand jury indictment into the company's potential involvement in IP-theft from Micron (MU). The firm's analyst said the case will impact UMC's reputation and customer trust whether its convicted or not.
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