Tech: Surges by Yahoo, Palm highlight tech rally

Date: Tue, 02 Dec 2008 18:00:14 -0500
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Tech Stocks: Surges by Yahoo, Palm highlight tech rally

12/2/2008 4:59 PM ET
Technology stocks close solidly higher, marked by a jump in Yahoo
shares on talk about a potential new bidder, and by a late rally by
Palm Inc.

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Tech Stocks: Sell-off slams tech stocks as Nasdaq plunges nearly 9%
12/1/2008 5:28 PM ET

Technology stocks tumble as the broader market retreats on gloomy
economic data, with poor semiconductor sales hurting chip shares.

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Intel, Hitachi unveil solid-state drive joint venture
12/2/2008 5:59 PM ET
Shares of Intel Corp. rise more than 5% after the chip giant unveils a
joint venture with Hitachi Global Storage Technologies to develop and
manufacture solid state drives for business computers.

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Marvell Technology swings to third-quarter profit
12/2/2008 4:50 PM ET

SAN FRANCISCO (MarketWatch) - Marvell Technology swung to a profit in
the third-quarter as the chip maker focused on controlling costs in
what the company's chief executive described as a "challenging
business environment."

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Start-ups still have unrealistic valuation goals, tech giants say
12/2/2008 4:35 PM ET

Deep-pocketed technology giants such as Microsoft Corp. and Google
Inc. plan to continue snapping up companies during the economic
downturn, likely benefiting from an ability to drive a hard bargain
with even red-hot startups, according to executives speaking at a
venture capital conference Tuesday.

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Palm shares swing wildly following warning
12/2/2008 4:15 PM ET

Shares of Palm Inc. plunge to a new record-low after the wireless
device maker's warning of a drop in revenue underscored concerns about
the company's viability. The stock got a boost from the market upswing
late in the day, which erased the earlier losses.

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Staples profit plunges as business, retail customers cut back
12/2/2008 2:28 PM ET

Staples Inc., the largest U.S. office supplies chain, says that its
third-quarter profit dropped 43%, hurt by customers cutting back on
the purchases of furniture, computers and business machines in the
face of the declining economy.

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Yahoo shares jump on report that ex-AOL chief may bid for company
12/2/2008 2:15 PM ET

Shares of Yahoo Inc. jumped more than 8% on a media report that former
America Online CEO Jonathan Miller is trying to raise funds to buy a
portion or the entire beleaguered Internet giant.

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Israel Stocks: Market rises; Africa-Israel snaps back; Shufersal in book deal?
12/2/2008 12:03 PM ET

Israel stocks finished strong in the last hour of
trading and rose on Tuesday, with a double-digit snapback in
Africa-Israel buoying both the top index and the real-estate
benchmark.