Federal prosecutors investigated Galleon Group hedge fund founder Raj Rajaratnam on suspicions of insider trading more than a decade before he was charged with securities fraud, the Wall Street Journal reported, citing legal filings.
Japan's NEC Electronics Corp gained approval from European Union competition regulators on Wednesday to merge with peer Renesas Technology Corp, creating the world's No. 3 semiconductor maker.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association said.
Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.
Best Buy is offering this Black Friday what it calls, the first-ever, value priced HP laptop. In a very aggressive bid to lure more customers to its store, Best Buy announced low $197 price tag for a Hewlett-Packard laptop running Windows 7 Home Premium (64-bit). The HP comes with a 15.6-inch screen and an Intel Celeron 900 processor.
Galleon Group hedge fund founder Raj Rajaratnam, accused in one of the biggest insider trading cases ever, on Tuesday gave a detailed denial of the charges and said government wiretaps violated his constitutional rights.
U.S. stocks slid on Thursday as another batch of economic data pointed to the fragility of the recovery and a brokerage's dim view on the semiconductor sector hit technology shares.
Technology stocks drove a broad-based U.S. sell-off on Thursday as a brokerage took a dim view of demand prospects for the semiconductor sector, while economic data underscored the fragility of the recovery.
Chip stocks fell on Thursday after Bank of America Merrill Lynch downgraded the sector on a possible inventory correction, although two of Europe's top chipmakers were upbeat about recovery prospects.
Semiconductor stocks fell sharply after BofA Merrill Lynch turned bearish on the industry and downgraded several chipmakers, including Intel Corp , citing a modest rise in inventories.
Technology and basic materials shares led Wall Street's broad decline on Thursday, as bearish analyst comments on the semiconductor sector and a stronger U.S. dollar dented recent gains.
U.S. stocks fell on Thursday, with all major indexes down more than 1 percent on weakness in the technology and health insurance sectors.
BofA Merrill Lynch lowered its 2010 growth forecast for global semiconductor industry and downgraded ten chipmakers, including Intel Corp , turning more cautious on the group on expectations of a modest overshoot in global supply chain inventories.
BofA Merrill Lynch lowered its 2010 growth forecast for global semiconductor industry and downgraded ten chipmakers, including Intel Corp , turning more cautious on the group on expectations of a modest overshoot in global supply chain inventories.
U.S. stock index futures pointed to a lower open on Thursday after a bearish analyst comment on semiconductor stocks pressured the technology sector, even as data showed no change in weekly jobless claims.
Analyst from Broadpopint AmTech on Wednesday reiterated a buy rating for Hewlett-Packard Co in its note to clients, expecting the company to give a strong fiscal report next Monday in accordance with its preliminary outlook.
Dell Inc will on Thursday report quarterly results for the first time as the No. 3 maker of personal computers -- unfamiliar territory for a company that not so long ago was the world's largest PC maker.
Advanced Micro Devices Inc said it will redeem up to $1 billion of convertible notes due 2012, and its shares rose 9 percent.
Potential weakness for economy; Thain seeks new start; Financial reform taking shape
The European Ombudsman rebuked European Union regulators on Wednesday for procedural errors in their antitrust probe of Intel but the censure will not affect a 1.06 billion euro ($1.58 billion) fine against the U.S. chipmaker.
Practical English Grammar by Correspondence -- a 1973 tome published by the Soviet Union -- sits atop a pile of books on the librarian's desk in Macedonia's Grigor Prlichev elementary school.
