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BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Chips dive on Intel, KLA-Tencor
Lehman Bros. and Banc of America Securities both expect Intel to cut Q3 views at Thursday's midquarter update. Lehman's Dan Niles said the chip giant's Q3 is back-end loaded, so it won't have a good read on Q4. Also, chip-gear firm KLA-Tencor said Q3 sales will be flat to down 15% vs. Q2. It had seen flat to down 10%. Intel and KLA both fell 5%. More on A6
- IBD's chip group lost 6%, the day's worst performer. Chip gear fell 4.5% to its low since Dec. '98.
- Kulicke & Soffa eliminated the post of president, held by Alexander Oscilowki, the chip gear firm said. CEO Scott Kulicke will take over his duties.
Global chip sales rose 8% in July
They hit $11.7 bil in the first yearly gain since Feb. '01, the Semiconductor Industry Association said. SIA cited sales of DVDs and digital cameras. Citing July's figures, SIA expects Q3 sales to climb 7%-9% vs. Q2. Chip sales should rise 3% in '02 and return to 20% growth in '03 and '04, SIA said. But chip prices remain near a 10-year low.
- Wi-Fi gear firm Vivato raised $44.5 million in its Series C funding round,...
- Magazine article from: Wireless Week July 1, 2003 700+ words
Wi-Fi gear firm Vivato raised $44.5 million in its Series C funding round, bringing the total investment in the company to $67 million. Advanced...
- COMMISSION APPROVES AID TO GERMAN LIFTING-GEAR FIRM.
- Newspaper article from: European Report October 30, 1999 700+ words
The European Commission has cleared aid totalling 11.9 million Deutschemarks Euro 6.09 million for German lifting-gear firm, Hydraulik Markranstadt GmbH, under the EU's Code on state aid for rescuing and restructuring firms in difficulty, it...
- Testing gear firm bounces back from plummet of 2002.(Up Front)(Brief Article)
- Magazine article from: Los Angeles Business Journal Reed, Vita July 19, 2004 700+ words
Beckman Coulter Inc., the Fullerton-based maker of testing gear for medical laboratories and researchers, has seen its stock soar this year, reversing the damage from a plunge in late 2002. Beckman's shares are up nearly 20 percent year to date and its market value as of last week was $3.77
- Safety gear firm is fined - over safety.
- Newspaper article from: Birmingham Evening Mail (England) November 17, 2001 700+ words
A COMPANY making safety gear was fined pounds 3,000 for failing to ensure the safety of its own employees. The negligence came to light in April when two men were crushed in a dilapidated liftshaft while trying to lower goods. One of the men, trapped between the lift side and the shaft, sustained a
- WEATHER GEAR FIRM MAKES A SLICK MOVE HELLY-HANSEN LAUNCHES A DEALER-OWNED...
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) December 10, 1996 700+ words
One hundred twenty years after Helly-Juell Hansen coated sailcloth with linseed oil to make rain gear for Norwegian fishermen, the company that bears his name is launching a chain of retail stores to market its high-tech weather clothing. Helly-Hansen, whose North American operations are
- Flak for combat gear firm.(News)
- Newspaper article from: Sunday Mirror (London, England) August 1, 2004 700+ words
A NORTHERN Ireland firm was under fire last night after it was revealed that British soldiers' standard issue combat dress is to be made in China. The Ministry of Defence confirmed that the camouflage battle dress clothing, known as Combat Soldier 95, will be made in Chinese factories. The move
- Illinois Governor Selects Energy Gear Firm's CEO as Chairman of Toll Authority.
- Newspaper article from: Knight Ridder/Tribune Business News April 30, 2003 700+ words
Chicago Tribune Knight Ridder/Tribune Business News Apr. 30--Saying the Illinois State Toll Highway Authority needed a "clean sweep at the top," Gov. Rod Blagojevich announced Tuesday his selection of an Elk Grove Village manufacturing firm's chief executive officer to be chairman of the
- Andrew values independence: Wireless-gear firm drops ADC merger.
- Newspaper article from: Chicago Tribune (Chicago, IL) August 11, 2006 700+ words
Byline: Jon Van Aug. 11--After dropping one merger deal and rebuffing another, Andrew Corp. Chief Executive Ralph Faison looks forward to running the Westchester-based wireless infrastructure company as an independent concern, he said Thursday. "Andrew is in a great position," said Faison, the
