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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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05.07.2007
Shares of power management chip maker Microsemi Corp. rose Thursday after an analyst lifted his rating on the stock and predicted good things from the company for the next few quarters. Caris & Co. analyst Nicholas Aberle upgraded the stock to "Buy" with a $30 price target.
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05.07.2007
International technology services provider Pomeroy IT Solutions Inc. said Thursday it fired President and Chief Executive Stephen E. Pomeroy, following a review by independent counsel.
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05.07.2007
NVE Corp., which makes sensors used in aerospace and automotive applications, said Thursday a Minnesota district court dismissed a consolidated class action lawsuit against the company.
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05.07.2007
Radyne Corp., which makes satellite and broadcast network equipment, said Thursday it will buy AeroAstro Inc., which builds small satellites and microsatellites, in a cash and stock deal totaling about $18 million. The purchase price includes about $17.25 million in cash and $750,000 in stock.
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05.07.2007
Cognos Inc. said Thursday it increased its current stock repurchase plan's maximum authorized amount to $400 million from $200 million.
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05.07.2007
Dell Inc. expects shipments of personal computers, notebooks and servers in Asia excluding China, Japan and South Korea to grow almost 20 percent in 2007 compared with the previous year, a company executive said Thursday.
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05.07.2007
Before CDW Corp. agreed to be acquired by a private equity company, founder Michael Krasny recused himself from board meetings in which a sale was discussed, according to a securities document.
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04.07.2007
Research in Motion has received clearance to sell its popular BlackBerry device in China after eight years of trying. The Canadian-based company says it's finalizing the delivery of its products there.
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04.07.2007
Fiat CEO Sergio Marchionne has big plans for the little Fiat 500, hoping the redesigned version of the compact car that is being launched Wednesday can be for the automaker what the iPod was for Apple Inc.
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04.07.2007
Saudi billionaire Prince Al-Waleed bin Talal plans to sell shares of his Kingdom Holding company in an initial public offering on the Saudi stock exchange, the market said in a statement Wednesday. Fully owned by bin Talal, the company holds stakes in Rupert Murdoch's News Corp.
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