Chips Snap: STMicro, Genesis shares up
Boston Globe - NEW YORK -- Semiconductor stocks edged down in Wednesday's trading, although STMicroelectronics NV and Genesis Microchip Inc. bucked the trend. Genesis Microchip, a maker of integrated circuits used in flat panel displays, traded higher after Wedbush
UPDATE 1-RESEARCH ALERT-BofA cuts AMD price target
Reuters - --Banc of America Securities lowered its EPS estimates for the chip maker and said it sees greater than expected decline in AMD's desktop and server processor ASPs (average selling prices) due in part to Intel's Conroe product and share loss to Intel
Toshiba to Sell Toshiba-EMI Stake
MSN MoneyCentral - TOKYO (AP) - Japanese electronics maker Toshiba Corp. said Thursday that it will sell its entire stake in Toshiba-EMI Ltd. to its partner in the music content business venture, Britain's EMI Group PLC, for around $179 million. Toshiba expects to
Florida business briefs
Philadelphia Daily News - BLACKBERRY MAKER SUES SAMSUNG The maker of BlackBerry mobile devices is suing the maker of the new ''BlackJack'' smart phone, charging Samsung Electronics with trademark infringement. The suit brought by Research in Motion ( RIMM ) alleges that Samsung's
Symantec sues some distributors over pirated software
Reuters - (Reuters) - Security software maker Symantec Corp. (SYMC.O: Quote , Profile , Research ) said it sued a large network of distributors selling counterfeit Symantec software, and sought over $15 million in damages. The case against ANYI, SILI Inc., G.T
NYC college will yank sign honoring bomb maker, black militant
Newsday - NEW YORK -- A city college has agreed to take down a sign naming a student center after a fugitive terrorist and a black militant convicted of murdering a police trooper. For 17 years, the small suite of offices on the City College of New York's
Marvell gets another Nasdaq note
Boston Globe - SANTA CLARA, Calif. -- Bermuda-based chip maker Marvell Technology Group Ltd. said Wednesday it received a second notice from the Nasdaq Stock Market for failing to comply with a listing requirement that it file its quarterly financial reports
Schwarz Pharma CEOs to Resign
MSN MoneyCentral - FRANKFURT, Germany (AP) - Drug maker Schwarz Pharma AG said Wednesday that Chief Executive Patrick Schwarz-Schuette will step down at the end of the year along with the president and CEO of the company's U.S. unit. Schwarz-Schuette, who the company
Zimmer Holdings sees Q1 adjusted earnings of $0.91-$0.92/share
Reuters - Dec 13 (Reuters) - Zimmer Holdings Inc. (ZMH.N: Quote , Profile , Research ) forecast first-quarter and 2007 adjusted earnings and sales above its prior-year results. The orthopedic device maker said it expects first-quarter adjusted earnings of 91
Maxco to sell subsidiary to Quanex
Boston Globe - Quanex is a Houston-based maker of carbon and alloy steel bars, as well as other metal products. The sale includes substantially all of the assets of Atmosphere Annealing, including four domestic plants, and those of its BCGW Inc. subsidiary. The