UPDATE 3-A123 shares drop, Fisker cuts battery orders

Newswire

* A123 cuts 2011 revenue forecast after Fisker cuts orders * CEO says Fisker decision unexpected, but temporary * Shares fall as much as 13 percent on Nasdaq (Adds background on Fisker, CEO quotes, updates shares) Nov 4 (Reuters) - Lithium-ion battery maker A123 Systems cut its full-year revenue outlook by 20 percent on Friday after Fisker Automotive cut fourth-quarter orders for battery packs. In a statement, A123 Chief Executive David Vieau described Fisker's decision as ...

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