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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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10.07.2007
Shares of Marvell Technology Group Ltd. rose in Tuesday's trading, after the company filed its delayed first-quarter results. Results had been delayed due to a stock options probe.
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10.07.2007
Voltaire Ltd., an Israeli developer of server and storage switching products, said Tuesday it plans an initial public offering of 7.7 million ordinary shares. Voltaire expects to offer 5.8 million of the shares. A group of shareholders plan to sell the remaining 1.9 million shares.
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10.07.2007
Shares of Chinese online gaming and software company CDC Corp. rose Tuesday after the company's software subsidiary, CDC Software, said it acquired PlanTec Ltd. CDC shares added 22 cents, or 2.4 percent, to $9.33 in afternoon trading. Terms of the purchase were not released.
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10.07.2007
Shares of Lexmark International Inc. slid for the second straight trading session Tuesday, the day after the printer maker sharply lowered its second-quarter forecast on weak consumer inkjet supply sales and aggressive pricing and promotions. The stock fell 69 cents to $45.56 in afternoon trading.
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10.07.2007
The sun always seems to shine in Sun Valley, a pristine mountain resort in Idaho, when the top brass from media and technology companies convene every July for a deep-think retreat hosted by the investment banker Herbert Allen.
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10.07.2007
Standard & Poor's Rating Services said Tuesday it changed the outlook to negative for printer maker Lexmark International Inc.' after the company sharply lowered second-quarter earnings guidance.
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10.07.2007
Shares of cell phone handset makers were mixed Tuesday, with Apple Inc.'s stock rising after an analyst said a patent filing shows the company is likely to release a second, cheaper iPhone in its fourth quarter. The Cupertino, Calif.-based company's shares added $3.39 to $133.
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10.07.2007
Semiconductor stocks slipped slightly Tuesday, as the broader markets fell. In midday trading, the Philadelphia Semiconductor Sector Index fell 1.88 points, or .4 percent, to 518.65. Shares of Trident Microsystems Inc.
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10.07.2007
Dell Inc. is launching a new line of notebook and desktop personal computers called "Vostro" that are aimed at small businesses with 25 or fewer employees.
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10.07.2007
Michael D. Capellas will become chief executive officer of credit card transaction processor First Data Corp. after the company is acquired by Kohlberg Kravis Roberts & Co. affiliates, First Data said Tuesday.
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