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ICx Stock Price Tanks On Big Fourth Quarter Earnings Miss

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By Calvin Biesecker ICx Technologies [ICXT] last Thursday posted a smaller net loss and higher sales in its fourth quarter but the loss was worse than expected, causing some investors to chuck their shares of the company's stock, which tumbled 30 percent on Friday. ICx, a pure play security company serving the defense and homeland security markets, created a lot of positive buzz when it announced plans to go public last summer, but when its shares began trading in November…

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