BearingPoint stock tumbles to new low

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BearingPoint stock tumbles to new low

Submitted by guest on Mon, 12/03/2007 - 10:46am.

Business consultancy BearingPoint Inc. said Monday its third-quarter loss more than doubled as higher costs outpaced a sales increase. The stock tumbled to a new low as the results were far worse than Wall Street expected.

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BearingPoint stock tumbles to new low