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SPOTLIGHT: Hard times at iSoft
January 30, 2006 — 7:01pm ET
U.K.-based iSoft is facing tough times after the maker of software for hospitals said delays in the U.K.'s Connecting for Health project will put the squeeze on profits. The company's shares are down 50 percent since yesterday and analysts have issued downgrades. One analyst quoted in the U.K. press notes that the problems could renew interest in the company's accounting practices, a problem management thought was on the verge of going away. Article
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