Tech: Tech stocks rally on rate cut; Nasdaq up 5%

Date: Tue, 16 Dec 2008 18:00:14 -0500

Tech Stocks: Tech stocks rally on rate cut; Nasdaq up 5%
12/16/2008 4:14 PM ET
Technology stocks gain, led by Amazon.com and eBay Inc. as the broader
market advances with Wall Street anticipating another federal funds
rate cut.

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Apple says next year's Macworld Expo will be its last
12/16/2008 5:46 PM ET
Apple Inc. says the upcoming Macworld Expo in January will be the
computing giant's last, and CEO Steve Jobs will not give a final
keynote at the popular event.

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Xilinx lowers sales forecast, citing weak demand
12/16/2008 5:27 PM ET
Xilinx Inc. cuts its revenue forecast for its December quarter, citing
weak sales.

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Adobe hits high end of fourth-quarter projections
12/16/2008 4:32 PM ET
Adobe Systems Inc. meets already lowered expectations for its fiscal
fourth-quarter financial results, as the software company hunkers down
for a trying period of slowing sales and job cuts.

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Atmel blasts Microchip's move for board seats
12/16/2008 4:23 PM ET
Atmel Corp. blasts Microchip Technology's decision to field an
alternate slate of directors to its board, as the bitter merger battle
between the two chip
makers flares up once again.

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Vishay cuts quarterly sales forecast
12/16/2008 4:21 PM ET
Semiconductor manufacturer Vishay Intertechnology Inc. slashes its
sales forecast for the second time in several months as a global
recession weakens demand.

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Europe Markets: Drugmakers, telecom pace gains in Europe
12/16/2008 12:40 PM ET
European shares end a volatile session in positive territory, with
drugmakers and telecom stocks pacing gains.

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Telecom Stocks: Alcatel-Lucent, Clearwire lead telecoms in mild rally
12/16/2008 12:02 PM ET
Shares of telecommunications companies rallied in
Tuesday trades along with the broader market, with equipment suppliers
such as Alcatel-Lucent and Qualcomm Inc. taking the lead.

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Chips to suffer back-to-back years of lower sales: Gartner
12/16/2008 11:24 AM ET
The chip industry will suffer back-to-back years
of lower revenue for the first time in its history in 2009, a technology
research group said Tuesday.

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PartyGaming rallies as it nears settlement with U.S. authorities
12/16/2008 10:16 AM ET
Shares in PartyGaming climb almost 7% Tuesday after the online
gambling group says any settlement it pays to the U.S. Department of
Justice is likely to be "significantly lower" than the $300 million
that co-founder Anurag Dikshit is reportedly set to hand over.