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IN BRIEF.(TO THE POINT)

Investor's Business Daily

| July 01, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Texas Instruments will build a $3 bil chip plant with 300-millimeter wafer technology in Richardson, Texas. It expects to break ground for the facility by Dec. '05.

Maytag will sell 75.5% of its RSD-Maytag China joint venture to a French unit of Israel's Elco Holdings, the appliance maker said. Elco said it'll pay $20 mil-$30 mil.

Standard & Poor's cut R.J. Reynolds Tobacco to junk status due to the tobacco maker's weakened competitive position.

Aeropostale fell 7% after the trendy clothier filed to sell 6.1 mil shares on behalf of shareholders. Analysts see a strong ...

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