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BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Wall St. bearish on chip sector
Morgan Stanley's Steven Pelayo issued a gloomy forecast for the chip gear industry. He sees chipmaker capital spending falling 20% in '02 vs. his old forecast of a 15% drop. Spending will rise just 20% next year vs. 30%. The chip-gear group fell 5.1%. Also, chipmaker National Semi fell 17% after Salomon Smith Barney cited a slowdown in the cell phone and other key markets. IBD's chip group slid 5.5%.
Merrill Lynch slashed its '02 global PC unit growth forecast to 2.4% from 10.5%, saying the 2nd half may be weak due to soft government, back-to-school and corporate sales. It also cut Dell targets.
EDS cutting 2,000, or 1.4%, jobs
The tech services firm is trimming its staff of 140,000 due to weak business. WorldCom's accounting woes have led investors to focus EDS's complicated bookkeeping. CEO Dick Brown defended EDS' books. EDS shares have suffered recently because WorldCom is a big client.
Microsoft projects worry Europe
- INDIA'S TCS WINS WALL ST JOURNAL GLOBAL INNOVATION TECH AWARD.
- News wire article from: AsiaPulse News September 30, 2008 700+ words
...the country to have better access to information through a cell phone application. It has been developed to provide personalised...also adaptable to illiterate farmers to make a query from a cell phone using voice-specific functions, the statement added...
- Wall St.'s wireless immobility; While data-device demand proliferates,mobile...
- Magazine article from: Crain's New York Business Mcdonald, Michael January 1, 2001 700+ words
...Quick & Reilly Inc. introduced wireless Web stock trading in 1999, it found a receptive audience among the cell phone-toting lobster fishermen of Narragansett Bay. Visions of sea-rocked captains responding to market gyrations only...
- Motorola alters strategy Semiconductor spin-off rates highly with Wall...
- Newspaper article from: Daily Herald (Arlington Heights, IL) Comerford, Mike October 7, 2003 700+ words
...During Galvin's tenure, Motorola has cut more than 60,000 jobs and had losses of $4 billion. Its worldwide share of the cell-phone market tumbled to 15 percent in the second quarter from 26 percent in 1996. Nokia, which overtook Motorola in 1998 as the...
- New cell tower proposed for Bolton.
- Newspaper article from: Post-Star (Glen Falls, NY) March 17, 2006 700+ words
...for use by four unidentified cell phone companies at 236 Wall St., a property owned by James...LLC, did not specify which cell phone companies will use the tower...construction of a 104-foot cell phone tower disguised as a pine tree...
- Cell phone etiquette at work: is personal cell phone use out of control in your...
- Magazine article from: The National Public Accountant Taillon, Greg November 1, 2004 700+ words
...MANY TIMES HAVE YOU HEARD SOMEONE'S CELL PHONE RING AT WORK? IN TODAY'S WIRELESS...COMPANY TIME. [ILLUSTRATION OMITTED] Cell phone use is especially dangerous in the service...is critical. When employees put their cell phone calls above work, they send a message...
- Reportlinker Adds Cell Phone Memory Industry Report, 2009.
- Press release article from: PR Newswire November 10, 2009 700+ words
...report is available in its catalogue. Cell Phone Memory Industry Report, 2009 http://www.reportlinker.com/p0158891/Cell-Phone-Memory-Industry-Report-200 9...applied for more clients. Currently, the cell phone market changes rapidly, and the life...
- Cell phone users really want data services.(MOBILE MEDIA)
- Newspaper article from: The Online Reporter April 8, 2006 700+ words
Cell phone users in the US are becoming increasingly...Center. The survey, which looks at cell phone trends and usage habits, found that...dropping their landline completely. Cell phone users also have a list of "must have...
- Cell Phone Usage Continues to Increase.
- Press release article from: Business Wire April 4, 2008 700+ words
...half of U.S. adults who only use a cell phone are 30 or over. One-third of 18 to 29 year olds only use a cell phone or the Internet for making phone calls...89%) of adults have a wireless or cell phone. This represents a significant increase...
