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15.07.2007 18:45
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12.07.2007 17:26
In a July 10 story about manufacturing plant closings in Texas, Arizona and Morocco by Swiss chip maker STMicroelectronics NV, The Associated Press reported that the company was cutting 4,000 jobs.
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09.07.2007
Shares of Imation Corp. fell to a 52-week low Monday after the data storage products maker warned it expects to cut its 2007 profit outlook amid weak demand and pricing pressure. Imation also projected second-quarter revenue of $405 million to $410 million.
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09.07.2007
Shares of Lexmark International Inc. dropped Monday after the printer maker warned that a shortfall in consumer inkjet supply sales will hurt its second-quarter results. The company also issued a disappointing third-quarter outlook. Shares fell $3.01, or 6.1 percent, to a 52-week low of $46.
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09.07.2007
Shares of online search site operator Google Inc. rose to a new all-time high Monday after the company said it will buy electronic communications security software provider Postini for $625 million in cash. Google (nasdaq: GOOG - news - people ) shares added $4.49 to $543.89 in midday trading.
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09.07.2007
SanDisk Corp. shares surged for a second consecutive trading session on Monday, driven by pricing improvements in the flash memory spot market.
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09.07.2007
In a July 5 story about an exclusive partnership contract between Xinhua Finance Media Ltd.'s advertising unit and the Web portal China.china.cn, The Associated Press erroneously reported the ownership of House.china.cn. House.china.cn is owned by China.com.cn, not CDC Corp.
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09.07.2007
Uri Geller became a 1970s superstar and made millions with an act that included bending spoons, seemingly through the power of his own mind.
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09.07.2007
SigmaTel Inc., a designer of chips used in media devices, said Monday it expects second-quarter sales to top previous expectations, due to broad sales improvements throughout the business.
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09.07.2007
IGRS, a Chinese government-backed technology standardization group, said Monday it will work with wireless technology provider Metalink Ltd. on a high-definition TV decoder platform for wireless home networks.
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09.07.2007
First Solar Inc. said Monday it received five new long-term contracts valued at approximately $1.28 billion. Under terms of the deals, the solar electric power module maker will be responsible for the manufacture and sale of 685 megawatts of solar modules between 2007 and 2012.
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09.07.2007
Alnylam Pharmaceuticals Inc. licensed some cutting edge technology to a major drug developer and its shares shot up in premarket trading Monday. The Cambridge, Mass., biotechnology company struck a deal that could be worth up to $1 billion with Swiss drug maker Roche.
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