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BUSINESS BRIEFS.(A)
TECHNOLOGY
Jan. chip sales fell 2.4% vs. Dec.
But global sales rose 22% vs. a year ago to $12.2 bil, the Semiconductor Industry Association said. Still, the data were below forecasts as sales in all geographic markets fell 2%-3% vs. Dec. The SIA blamed seasonal weakness and said it still sees double-digit revenue growth this year. But Merrill Lynch's Joseph Osha doesn't expect unit sales, which have somewhat offset rapid price drops, to keep holding up.
Palm expects to miss views in Q3
The handheld PC firm expects sales of $205 mil-$210 mil to its latest failed bid to boost corporate sales. In Dec., Palm forecast sales of $230 mil-$250 mil and a "modest" operating loss. Analysts saw a 34-cent deficit. Palm didn't give specific loss guidance. Palm fell 11% to 10.32.
Forrester sees IT spending uptick
A poll of execs predicts a 1.9% hike this year. Though the big-spending financial sector will buy less tech gear, buying will rise 2.6% by midsize firms and 7.4% by finished goods manufacturers. Half are mulling business intelligence tools. Price and return on investment are big factors. In other tech surveys, IDC saw a slight jump; Goldman Sachs predicts a 1% drop.
- Standard & Poor's Completes Acquisition of Rational Investors.
- Press release article from: Business Wire August 2, 1999 700+ words
...has completed the acquisition of Rational Investors, a leading 401(k) Web-based...the deal were not disclosed. With Rational Investors, Standard & Poor's has developed...services for the past decade. "The Rational Investors acquisition positions Standard...
- Explaining the January small firm effect by the interaction of procedurally...
- Magazine article from: Quarterly Journal of Business and Economics Miller, Edward M. June 22, 1990 700+ words
Explaining the January Small Firm Effect by the Interaction of Procedurally Rational Investors and Seasonal Traders Abstract The magnitude (but not the existence) of January excess returns on small and low priced stocks...
- UPDATE 2-National Semi profit jumps 27% on 21% rise in sales.
- News wire article from: The America's Intelligence Wire December 8, 2005 700+ words
...Halla, chief executive officer at National Semi . A similar event has been unfolding...interview with MarketWatch, Halla said National Semi will be able to meet demand for its...are real orders," he commented. National Semi said net income for the three months...
- National Semi profit drops 45% amid soft chip demand.
- News wire article from: The America's Intelligence Wire March 8, 2007 700+ words
...computers, and other electronics. National Semi reported fiscal third-quarter net...Call. Santa Clara, Calif.-based National Semi makes chips and other components used...depleted excess inventories. This forced National Semi to cut its revenue targets three times...
- UPDATE 1-National Semi slides on Q2 forecast.
- News wire article from: The America's Intelligence Wire November 2, 2004 700+ words
...weak demand and high inventory. National Semi fell 90 cents to $15.80 after...by Thomson First Call had expected National Semi to earn 21 cents a share on sales of $502 million. National Semi also cut its gross margin outlook...
- UPDATE 2-National Semi slides on Q2 forecast.
- News wire article from: The America's Intelligence Wire November 2, 2004 700+ words
...weak demand and high inventory. National Semi fell 90 cents to $15.80 after...by Thomson First Call had expected National Semi to earn 21 cents a share on sales of $502 million. National Semi also cut its gross margin outlook...
- UPDATE 3-National Semi slides on Q2 forecast.
- News wire article from: The America's Intelligence Wire November 2, 2004 700+ words
...weak demand and high inventory. National Semi fell 67 cents to $16.02 after...by Thomson First Call had expected National Semi to earn 21 cents a share on sales of $502 million. National Semi also cut its gross margin outlook...
- UPDATE 4-National Semi closes in the red following Q2 forecast.
- News wire article from: The America's Intelligence Wire November 2, 2004 700+ words
...weak demand and high inventory. National Semi fell 29 cents to end the day at...by Thomson First Call had expected National Semi to earn 21 cents a share on sales of $502 million. National Semi also cut its gross margin outlook...
- UPDATE 2-National Semi income gains, but sales decline.
- News wire article from: The America's Intelligence Wire December 9, 2004 700+ words
...from the second quarter last year. National Semi cited broad declines across its product...numbers For the quarter ending Nov. 29, National Semi reported net income of $80 million...from 55 percent in the first quarter. National Semi cuts its financial targets on Nov...
- UPDATE 1-National Semi income gains, but sales decline.
- News wire article from: The America's Intelligence Wire December 9, 2004 700+ words
...from the second quarter last year. National Semi cited broad declines across its product...numbers For the quarter ending Nov. 29, National Semi reported net income of $80 million...from 55 percent in the first quarter. National Semi cuts its financial targets on Nov...