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BtoB

I2 Technologies warns of wider loss

Published on .

Dallas--B-to-b software company i2 Technologies warned on Tuesday that its second-quarter results would be lower than expected because of "difficult" market conditions. i2 expects to report a net loss per share of about $2.10 to $2.12 a share. "Market conditions were much more difficult than we had anticipated this quarter--even more difficult that we had experienced in the first quarter," said i2 CEO Greg Brady, in a statement. "These conditions prevented us from achieving what we believed were conservative estimates for the quarter."
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