Tech: Big gains lead sector up at market close

Date: Thu, 13 Nov 2008 18:00:29 -0500
Tech Stocks: Big gains lead sector up at market close

Technology stocks come to life in late trading as the sector turns its
back on a sales warning from semiconductor giant Intel and as the
broader market weighs seven-year-high jobless claims.

Applied Materials shares climb despite weak earnings report
11/13/2008 5:17 PM ET

Applied Materials Inc. shares climb more than 14% even after the
semiconductor-equipment maker reported a 45% drop in fourth-quarter earnings.

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Dell, H-P feel impact from Intel sales warning

Fears of a recession, reports of lower-than-expected sales at major
electronic retailers and a revenue warning from Intel combine to lead
several analysts to cut their forecasts for the entire computer
industry, along with their earnings and sales expectations on the PC
sector's two largest players.

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After a delay, Microsoft makes big moves in China
11/13/2008 3:39 PM ET

More than a year after the surprise resignation of Microsoft's chief
executive of greater China, the software giant names former
Motorola.executive Simon Leung to oversee a key market that is fraught
with both great commercial promise and potential political hazard.

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Telecom Stocks: Sprint, Nortel gain; most telecoms fall
11/13/2008 1:28 PM ET

After several days of heavy losses, Sprint Nextel
Corp. and Nortel Networks Corp. sprung back with sizable gains to lead
telecommunications stocks in Thursday trades.

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London Markets: Bank shares drag London lower; BT soars after job cut plan
11/13/2008 12:04 PM ET

BT Group shares climb in London on Thursday, after the company reports
higher profit for its fiscal second quarter and says that it will cut
10,000 jobs to lower costs.

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Intel warning draws mixed view from Wall Street
11/13/2008 11:00 AM ET

Intel draws a mixed reaction from Wall Street after slashing its
revenue forecast for the fourth quarter due to a drop in PC demand
caused by the slowing economy.