Thursday, December 18, 2008

Tech: Take-Two plunges, while Micron soars

Date: Thu, 18 Dec 2008 18:00:11 -0500

Tech Stocks: Take-Two plunges, while Micron soars
12/18/2008 4:20 PM ET
Technology stocks sink as Take-Two Interactive Software shares plunge
after the company issues a grim forecast.

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Oracle profit slips, says stronger dollar undercut results
12/18/2008 5:13 PM ET
Oracle says its fiscal second-quarter profit fell slightly in a period
when concerns were raised about the business software maker's health
as the broader economy sputtered.

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RIM earnings climb as forecast beats estimates
12/18/2008 4:50 PM ET
Research In Motion sees earnings climb 7% in its fiscal third quarter
as the BlackBerry maker issued a forecast for the current period that
came in above Wall Street's estimates.

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Palm sees net loss grow on tax charge; smartphone sales down
12/18/2008 4:47 PM ET
Palm Inc. on Thursday reported a bigger fiscal second-quarter net loss
as the company struggled through what its chief executive described as
"an undeniably difficult period."

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CORRECT: Intel, STMicro unveil flash-memory joint venture

12/18/2008 4:41 PM ET
Intel and STMicroelectronics unveil a new company that will develop
and manufacture flash-memory products.

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Chip tools spending to fall 32% in 2009, Gartner says
12/18/2008 2:09 PM ET
Spending on chip-making equipment will fall 32% in 2009 as
semiconductor manufacturers shift to "panic mode" in the face of "an
economic recession of unknown proportion," an industry report says.

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Analysts say chip investors should hold off until next year
12/18/2008 1:44 PM ET
Analysts said Thursday that semiconductor companies are likely to
remain weak into the new year as the sector continues to reel from
weakening demand.

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Smart-phone makers RIM, Palm on deck for earnings
12/18/2008 12:51 PM ET
Research In Motion Ltd. and Palm Inc. still face worries on Wall
Street about their earnings reports slated for Thursday afternoon
despite the fact that both smart-phone makers warned of disappointing
results two weeks ago.

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London Markets: Drug, telecom shares enable London investors to play defense
12/18/2008 12:29 PM ET
London shares end slightly higher, as strong performance from
drugmakers and telecom carriers counterbalance losses from oil
producers, miners and banks.

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