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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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11.07.2007
Shares of mainframe computer software maker Compuware Corp. plummeted in Wednesday trading after the company said it expects to break even in its fiscal first quarter as its preliminary results missed analysts' expectations.
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11.07.2007
Vital Images Inc. shares lost nearly a quarter of their value Wednesday morning after the medical software developer said it expected its second-quarter profit to fall, and lowered its full-year revenue forecast.
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11.07.2007
Telecommunications equipment company Alcatel-Lucent said Wednesday that it is part of a group of companies that won a US$20 billion (euro14.6 billion) contract with the U.S. government to develop a communications network for federal offices.
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11.07.2007
Bookham Inc., a maker of optical components used in telecom networks, said Wednesday it named Alain Couder president and chief executive, effective Aug. 13. The company also anticipates he will be elected to the board.
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11.07.2007
Shares of Unica Corp., a maker of marketing management software, jumped in morning trading after an analyst upgraded the stock to "Neutral" from "Sell" on share price weakness. Unica (nasdaq: UNCA - news - people ) shares jumped 21 cents, or 1.8 percent, to $11.79 in morning trading.
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11.07.2007
Emcore Corp., a provider of semiconductor components used in communications and solar power markets, said Wednesday its second-quarter loss ballooned, as expenses related to its new solar power unit swelled.
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11.07.2007
U.S. Shares of Infosys Technologies Ltd. slumped in premarket trading Wednesday after the Indian outsourcing company reported slowing profit due to a stronger rupee and higher wages, and cut its outlook for the year.
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11.07.2007
Indian outsourcing company Infosys Technologies Ltd. said Wednesday its profit growth slowed in the April-June quarter due to a stronger rupee and higher wages. The Bangalore-based company said its quarterly net profit rose 34.6 percent to 10.7 billion rupees ($263 million).
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11.07.2007
Executives from Microsoft, Yahoo and other technology companies will discuss ways to combat unwanted e-mail and data theft at a two-day conference that begins Wednesday.
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11.07.2007
Investor AB, the investment group controlled by Sweden's Wallenberg family, swung to a 19.3 billion kronor (euro2.10 billion; US$2.89 billion) profit in the second quarter due to a better performance in equity markets. The result compared to a 6.4 billion kronor loss in the year-ago quarter.
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