Texas Instruments' 4Q forecast surpasses expectations as chip maker reports 3Q profit declineOctober 19th, 2009 Texas Instruments 3Q profit, sales declineNEW YORK — Texas Instruments' third-quarter profit and sales Monday inched past the improved expectations the chip maker issued last month, and its largest division, which makes analog chips used in digital music players and other gadgets, saw 20 percent growth for the second quarter in a row. The Dallas company also forecast results above Wall Street expectations, and its stock rose more than 2 percent in after-hours trading.
Gartner Inc. predicts PC shipments will grow in the 4th quarter after a year of declinesJune 26th, 2009 Gartner predicts PC shipment growth in 4QSTAMFORD, Conn. — Gartner Inc.
Summary Box: Intel raises 3rd-quarter sales outlook, citing improved demandAugust 28th, 2009 Summary Box: Intel raises sales forecastCHIPS UP: Intel Corp. raised its third-quarter revenue forecast.
CarMax, E-Trade, Microsoft, Research in Motion are among big market movers FridayJune 20th, 2009 CarMax, E-Trade, Microsoft are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
CarMax Inc., up $2.22 at $15.31
Sales tumbled and its auto financing division posted a loss, but the auto retailer's CEO said traffic rose and sales execution improved. Sealy Corp., up 40 cents at $2.20
An analyst upgraded the mattress maker after it previewed second quarter results for investors ahead of its June 30 earnings report.
Dell, Intel, Tiffany, AIG, Marvell Technology, E-Trade are among big market movers FridayAugust 28th, 2009 Dell, Intel, Tiffany, AIG are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
NYSE:
J. Crew Group Inc., up $1.97 at $34.73
The clothing retailer
Analysts expect upbeat news from Texas Instruments as chip industry shows signs of recoverySeptember 8th, 2009 Analysts expect upbeat news from Texas InstrumentsNEW YORK — Analysts expect good news from chip maker Texas Instruments Inc. Wednesday, when the company is scheduled to give a mid-quarter financial update.
Intel profit falls 8 pct but chip maker offers better-than-expected guidanceOctober 13th, 2009 Intel profit falls 8 pct on low chip pricesSAN FRANCISCO — Intel Corp. says its third-quarter profit dropped 8 percent as prices for its chips fell.
German software company SAP second quarter net profit rises 4 percent to euro423 millionJuly 29th, 2009 SAP Q2 net profit rises 4 percent to euro423 millionFRANKFURT — German software company SAP AG said Wednesday its second quarter net profit rose 4 percent as better margin growth offset a drop in revenues. The Walldorf-based company reported net profit for the April-June period of euro423 million ($600 million) compared with euro408 million in the second quarter of 2008.
Software security market growth dips in Asia Pacific: GartnerAugust 13th, 2009 NEW DELHI - The growth of the information technology (IT) security market in Asia Pacific dipped to 28.3 percent in 2008 from 36 percent a year before, a leading global IT industry researcher said in a report released Thursday. "This growth is remarkable considering in the fourth quarter of 2008, global economies began to feel the impact of the credit crunch and the global economic downturn, said IT sector tracker Gartner.
Facing biggest slump since 2002, Silicon Valley firms eye IndiaApril 15th, 2009 WASHINGTON - With major companies in the Silicon Valley suffering the biggest slump since the dot-com bust, some firms are eyeing India and China to recover from the effects of a global economic meltdown. The total market capitalisation of the leading technology hub's 150 biggest public companies plunged 32 percent to about $850 billion for the last 12 months ending March 31, the worst decline since 2002, according to an annual survey by the San Jose Mercury News.
Coach, Dow Chemical, RPM International, PetSmart, are among big market movers MondayOctober 5th, 2009 Coach, Dow Chemical, RPM International big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:
NYSE:
Coach Inc., up $1.17 at $32.25
Coach is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs.
Wipro net profit up 18 percent, but Q4 guidance loweredJanuary 20th, 2009 BANGALORE - Wipro Ltd posted net profit of Rs.10.04 billion (Rs.1,004 crore/$204 million) for the third quarter (October-December) of this fiscal (2008-09) as against Rs.8.54 billion (Rs. 8,540 crore) in the same period last fiscal, registering 18 percent year-on-year (YoY) growth under the Indian accounting system.
Samsung 2Q net profit up 5.2 percent; Hynix trims loss in sign of better times for chip makersJuly 24th, 2009 Samsung 2Q profit rises; Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.
Samsung Q2 net profit up 5.2 pct, Hynix trims loss in sign of better times for chip makersJuly 24th, 2009 Samsung Q2 profit rises, Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.
Tuesday market movers: Texas Instruments, Ceradyne, Quiksilver, Marvell Technology June 9th, 2009 Texas Instruments, Ceradyne are big movers
NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Texas Instruments Inc., up $1.25 at $21.02
The chip maker hiked its profit and sales guidance for the quarter ending in June, signalling a rebound for the semiconductor sector. Quiksilver Inc., down 71 cents at $2.91
The outdoor apparel company swung to a second-quarter profit, but a weak outlook and expensive new loan facilities worried analysts.