Semiconductor Manufacturing
Moody's upgrades Celestica debt by 1 notch
Mar 11, 2010 15:21 EST
Moody's raises Celestica rating by 1 notch based on debt reduction, strong liquidity. Moody's Investors Service upgraded its debt ratings on Celestica Inc., a technology and engineering services provider, by one notch within junk territory after the company reduced its outstanding debt and improved its liquidity and cash flow.
Stockhouse @ the Bell: Markets make small gains
Mar 10, 2010 17:04 EST
Bank and tech stocks lead the gainers on Wall Street, while energy issues helped lift Bay Street. . Today on Stockhouse
Micron shares up; analysts see solid chip demand
Mar 10, 2010 13:15 EST
Micron shares advance; analysts see solid demand, favorable pricing for chip maker. Shares of Micron Technology climbed Wednesday after at least two analysts reiterated their upbeat outlooks for the chip maker, saying demand and pricing are working in its favor.
Texas Instruments CEO pay up 2 percent to $9.8M
Mar 09, 2010 18:27 EST
Texas Instruments CEO Templeton's pay edges up 2 percent to $9.8 million in 2009. Chip maker Texas Instruments Inc.'s CEO's compensation edged up in 2009, according to calculations by the Associated Press, a recession year that proved difficult for the chipmaker.
Nvidia up as analyst says chip supplies tight
Mar 09, 2010 12:41 EST
Nvidia shares climb as analyst says chip supplies tight, Wall Street underestimates co.. Nvidia Corp. shares rose Tuesday after a Raymond James analyst said chip supplies are tight and Wall Street is underestimating the maker of graphics chips.
Texas Instruments shares slip after 1Q update
Mar 09, 2010 10:40 EST
Texas Instruments shares slip after chip maker's 1st-quarter update. Shares of Texas Instruments Inc. slipped Tuesday as investors gave the chip maker's latest financial projections a cool reception.
Broadcom closes acquisition of Teknovus
Mar 08, 2010 15:51 EST
Broadcom closes acquisition of fiber broadband company Teknovus for $123 million. Chip maker Broadcom Corp. said Monday that it had closed its acquisition of Teknovus Inc., which makes equipment for broadband Internet service over optical fiber.
AMD reduces pay package for CEO by 14 pct. in 2009
Mar 06, 2010 12:46 EST
AMD reduces pay package for its CEO by 14 percent in 2009 to $4.5 million. Advanced Micro Devices Inc., the world's No. 2 maker of computer microprocessors, reduced its CEO's pay package 14 percent last year. The company cut executives' pay in response to falling sales.
2010 chip revenues to top pre-recession levels: iSuppli
Mar 05, 2010 13:00 EST
SAN FRANCISCO (Reuters) - Global chip sales could rise by more than a fifth this year, bringing them back above pre-recession levels, industry watcher iSuppli said on Friday.
Conexant prices stock offering at $4 per share
Mar 05, 2010 08:22 EST
Conexant prices offering of 14 million shares at $4 each, expects $52 million in proceeds. Chip designer Conexant Systems Inc. late Thursday said it has priced an underwritten public offering of 14 million shares at $4 apiece.
Stocks that created new 52-week highs
Mar 05, 2010 07:41 EST
Names include ADVS, AUDC, OZRK . Advent Software Inc. (NASDAQ: ADVS) shares rose 1.30% to create a new 52-week high of $41.96. ADVS launched Advent Portfolio Exchange (APX) 3.0, the most extensive release of APX to date. Read more about this company here.
Taiwan quake causes millions of dollars in damage
Mar 05, 2010 03:44 EST
A powerful earthquake that rocked southern Taiwan caused millions of dollars in damage to infrastructure and business operations, officials and companies said Friday.
Benchmark Electronics to buy back $100M in stock
Mar 04, 2010 14:34 EST
Benchmark Electronics authorizes second $100 million stock buyback since 2008. Benchmark Electronics, which makes components for medical devices, computers, gauges and control gear, said Thursday that it will repurchase $100 million of its stock.
Altera boosts bottom end of 1Q revenue guidance
Mar 03, 2010 18:43 EST
Altera hikes bottom of 1st-qtr revenue guidance, but new range still short of Street view. Semiconductor maker Altera Corp. on Wednesday raised its guidance for first-quarter revenue, citing improving sales across its product lines. But even with the boost, the forecast fell short of Wall Street expectations and shares fell in after-hours trading.
10th guilty plea in Galleon insider trading case
Mar 03, 2010 13:49 EST
Largest hedge fund insider trading case ever produces 10th guilty plea in New York. A former vice president of California chipmaker Atheros Communications has pleaded guilty to insider trading charges. Ali Hariri becomes the 10th person to plead out of the largest hedge fund insider trading case in U.S. history.
Conexant refinancing debt with new bonds, stock
Mar 03, 2010 08:45 EST
Conexant refinancing debt with new bonds, stock; buyer asks for price cut in $26.1M land deal. Chip designer Conexant Systems Inc. said Wednesday it has sold $175 million in new bonds and plans to sell 14 million new shares to raise money for buying back old debt.
Movers roundup: Qualcomm, KKR Financial
Mar 02, 2010 18:55 EST
Movers roundup: Qualcomm shares jump, KKR Financial stock climbs on strong 4Q earnings. Among the stock activity stories for Tuesday, March 2, from AP Financial News:
Qualcomm sees profit, rev around high end
Mar 02, 2010 18:03 EST
NEW YORK (Reuters) - Qualcomm Inc.'s <QCOM.O> second-quarter earnings could beat its outlook range and revenue will be toward the high end of its target, the top executive for the wireless chip maker said on Tuesday.
Qualcomm shares rise on buyback, dividend boost
Mar 02, 2010 16:55 EST
Qualcomm shares rise as company announces new stock buyback plan, raises its dividend. Qualcomm Inc. shares jumped Tuesday after the wireless chip maker boosted its dividend and announced a new $3 billion stock buyback program.
LTX-Credence offering 14 million shares
Mar 01, 2010 18:22 EST
LTX-Credence publicly offering 14 million shares of common stock.. LTX-Credence Corp., which makes chip testing equipment for the semiconductor industry, said Monday it is publicly offering 14 million shares of common stock.
Wire Headlines
- 3 with ties to US consulate killed in Mexican city
- 'Mission: Impossible' star Peter Graves dies in LA
- Post-snow, Northeast mops up from wind-driven rain
- AP NewsAlert
- Two snowmobilers dead in Canadian avalanche
- 2 people die in NJ home fire a day after moving in
- Lawyer rebuts doubts about runaway Prius driver
- China PM defends assertive trade, foreign policy
- Taliban: Kandahar bombings a 'warning' to NATO
- Regulators accused of lax oversight at LA oilfield
