Tuesday, December 09, 2008

Tech : Semiconductors' rise can't lift rest of tech sector

Date: Tue, 09 Dec 2008 18:00:13 -0500
Tech Stocks: Semiconductors' rise can't lift rest of tech sector
12/9/2008 4:24 PM ET

Technology stocks showed some signs of life in early trading Tuesday
as chip stocks took the spotlight following earnings warnings from
Texas Instruments
Inc. and Broadcom Corp.

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Electronic Arts warns of disappointing game sales
12/9/2008 4:47 PM ET

Video-game publisher says revenue and earnings for its crucial fourth
quarter will come in below expectations due to disappointing video
game sales.

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Novellus to cut workforce by 10%
12/9/2008 4:30 PM ET

Novellus Systems Inc. says it plans to cut 10% of its workforce and
warned that its results for the current quarter will be "below the low
end" of its outlook due to weakening demand.

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Chip shares jump despite earnings, sales warning
12/9/2008 4:25 PM ET
A volatile tech market got a pleasant, if puzzling, surprise Tuesday
as shares of chip companies jumped -- despite serious earnings and
revenue warnings from major players.

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Texas Instruments lowers outlook
12/9/2008 4:20 PM ET

Shares of Texas Instruments Inc. close higher in seesaw session after
the company slashes its outlook but outlines steps to cut costs.

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MarketWatch First Take: Sony tries yet another big restructuring
12/9/2008 2:16 PM ET

Sony Corp.'s restructuring plan seems like a massive revamping to
reduce its overhead, but some on Wall Street believe that even more
cuts could come, as the sprawling conglomerate sees its sales slide in
the global recession.

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Israel Stocks: Market turns lower after 3 up days; Teva funds the Barr deal
12/9/2008 10:40 AM ET

Israel's benchmark stock index falls Tuesday, breaking three days of
gains, as some major banks and Teva Pharmaceutical decline, offset by
strength in Israel Chemicals.

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Indications: Stock futures turn negative as weekly chain-store sales drop
12/9/2008 9:15 AM ET

U.S. stock futures erased gains and pointed to a lower start on
Tuesday after Texas Instruments Inc. and FedEx Corp. cut their
earnings forecasts and a measure of chain-store sales declined last
week, further illustrating the weakened economy.

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