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BUSINESS NEWS.(TO THE POINT)
DIVERSIFIED
3M cuts 2nd-qtr, full-year outlook
Minnesota Mining & Manufacturing blamed ongoing weakness in the U.S. economy, the slowdown in Europe and Asia and the strong dollar. 3M expects to earn $1.10 to $1.14 a share in the second quarter. Views were for $1.19. The Dow component expects weak conditions the rest of the year. It lowered its 2001 outlook to $4.50 to $4.75. Analysts expected $4.83. The news didn't faze investors, as 3M shares rose 3.16, or 3%, to 117.26, making it the biggest Dow winner.
Tyco sells loan unit to Lehman
The diversified conglomerate sold $1.6 billion worth of manufactured housing assets to the investment bank. Other terms weren't given. It's part of Tyco International's plan to unload $4 billion to $6 billion worth of assets held by its newly acquired financing arm, CIT Group. Tyco bought CIT last month for about $9.2 billion. Lehman Bros.' shares fell 2.35, or 3%, to 75.40.
ENERGY
California opens another plant,
- Review of Advanced Micro Devices vs the Global Market.
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...Looking into Advanced Micro Devices (NYSE: AMD) performance...therein. Advanced Micro Devices was among those that...the United States, Western Europe, Japan, Asia/Pacific...power plants. Advanced Micro Devices (NYSE:AMD) is a...
- Advanced Micro Devices at Credit Suisse Group Technology Conference -...
- News wire article from: Fair Disclosure Wire December 4, 2008 700+ words
...for questions. BOB RIVET, COO AND INTERIM CFO, ADVANCED MICRO DEVICES: Okay, then we can leave early. JOHN PITZER: The first...marketplace. But, clearly, the big markets of North America and western Europe are very slow. To your question, the data point we had...
- Q4 2002 Advanced Micro Devices Earnings Conference Call - Final - Part 3.
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...Europe and a little bit in Latin America. But the holiday selling season is a very strong season in the North America and Western Europe market, and that's where we the biggest growth. So we did see a mixed increase to our performance class of processors...
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- Event Brief of Q1 2006 Advanced Micro Devices Earnings Conference Call - Part 2.
- News wire article from: The America's Intelligence Wire April 12, 2006 700+ words
...second quarter because, again, historically it is the most difficult quarter for our industry. As I pointed out earlier, Western Europe seemed to be a little weak in the first quarter. It is an important market, and so it is just reasonable to be cautious...
- RF Micro Devices Announces Bob Bruggeworth, President, Will Succeed CEO Dave...
- Press release article from: Business Wire November 14, 2002 700+ words
...WIRE)--Nov. 14, 2002 RF Micro Devices, Inc. (Nasdaq:RFMD), a...to continue as a member of RF Micro Devices' board of directors. Dave Norbury, said, "Having joined RF Micro Devices more than a decade ago, I have...
- RF Micro Devices To Open Facility in China.
- Press release article from: Business Wire June 28, 2001 700+ words
...BUSINESS WIRE)--June 28, 2001 RF Micro Devices, Inc. (Nasdaq: RFMD), a leading...Technological Development Area. RF Micro Devices has become one of the first suppliers...president and chief executive officer of RF Micro Devices, said, "We are extremely pleased...
- RF Micro Devices Forecasts Continued Growth in Shipments of POLARIS TOTAL RADIO...
- Press release article from: Business Wire July 7, 2005 700+ words
GREENSBORO, N.C. -- RF Micro Devices, Inc. (Nasdaq: RFMD), a...transceiver solutions. RF Micro Devices expects its highly integrated...NYSE: MOT), for example, RF Micro Devices' POLARIS transceiver solutions...
- CALIFORNIA MICRO DEVICES CERTIFIED AS GREEN PARTNER BY SONY.
- News wire article from: Asia Africa Intelligence Wire November 12, 2003 700+ words
...Quality Approval Program California Micro Devices (Nasdaq: CAMD), a leading supplier...certification recognizes that California Micro Devices has successfully established a worldwide...Green Partner Program. California Micro Devices is one of the first companies to receive...
- RF Micro Devices Opens Test and Tape and Reel Facility in China; Shipments...
- Press release article from: Business Wire September 20, 2002 700+ words
...BUSINESS WIRE)--Sept. 20, 2002 RF Micro Devices, Inc. (Nasdaq:RFMD), a leading...Development Area in Beijing, China. The RF Micro Devices(R) facility provides direct, local...The Beijing facility demonstrates RF Micro Devices' growing presence in the Asia-Pacific...