Earnings estimates have declined a bit in the last seven days after Altera Corporation (NASDAQ:ALTR) narrowed its guidance for the first quarter of 2012.
Last week, Altera announced that it now expects revenues to decline by 7% – 9% compared to the earlier projection of a decline of 5% – 9%.
The company had previously forecasted revenues to decline as a result of the program timing in the military vertical market and continued softness in sales to wireless customers.
The company expects … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards