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... panies were also affected and continued to decline.

About a week later, on October 22, New Century Financial said it would report its 2009 operating results to the SEC at a later date. That same day, an analyst at Bear Stearns, one of America's five largest investment banks Downgraded the share price of New Century Financial Corporation.

Affected by the news, the company's shares fell another 12% on the day.

The next day, on Friday, New Century Financial said again that lawy ...

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