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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 ...