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Pinnacle Falls 12% as CEO Sees Bankruptcy Without Cost Cuts

Pinnacle Airlines Corp., a provider of regional flights for larger carriers, tumbled the most in a month after saying it may be forced to file for bankruptcy protection unless it pares costs.

Pinnacle, based in Memphis, Tennessee, declined 12 percent to 84 cents at the close in New York, the steepest drop since Dec. 20. It fell 90 percent in 2011.