Friday, January 23, 2009

Tech : Google gains lead to late tech turnaround

Date: Fri, 23 Jan 2009 18:00:17 -0500

Tech Stocks: Google gains lead to late tech turnaround
1/23/2009 4:37 PM ET
Technology stocks come back to life in late trading as Google Inc.
shares move higher, and the rest of the sector fends off an early
decline fueled by uncertainty over several corporate earnings reports.

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Intel denies seeking to derail AMD spinoff
1/23/2009 4:55 PM ET
Intel Corp. fires back at Advanced Micro Devices Inc., denying its
rival's charge that it was trying to derail a planned spinoff.

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AMD shares rise after chip maker posts narrower loss
1/23/2009 4:30 PM ET
Shares of Advanced Micro Devices Inc. close higher after the chip
maker reportsa narrower fourth-quarter loss in what CEO Dirk Meyer
describes as an industry with poor visibility.

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Xerox posts lower profit, sees first quarter below consensus
1/23/2009 4:28 PM ET
Xerox Corp. said Friday that its fourth-quarter net
income fell sharply from the year-earlier period, partly because of a
steep restructuring charge, and warned that first-quarter results will
come in below Wall Street's expectations.

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Earnings Outlook: Yahoo expected to see profit decline as Yang steps aside
1/23/2009 4:08 PM ET
Yahoo Inc. is expected to report a dip in profit for its fourth
quarter after the market's close on Tuesday, as incoming Chief
Executive Carol Bartz take
the reins from co-founder Jerry Yang and attempts to right the
struggling Internet company.

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Intel's Barrett, CEO during boom, to retire as chairman
1/23/2009 4:05 PM ET
Chairman Craig Barrett, who served as the semiconductor giant's chief
executive during a period of explosive growth amid the dot-com boom,
is stepping down in May.

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Economic Outlook: Texas Instruments seen posting sales drop as
analysts turn gloomy
1/23/2009 2:16 PM ET
Texas Instruments Inc. is expected to report a 33% drop in sales and
earnings amid slumping demand and concerns about competition in the
cell-phone chip business.

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Google shares gain, with analysts favorable toward results
1/23/2009 1:41 PM ET
Shares of Google move higher, gaining ground after the search giant
reported a sharply lower fourth-quarter profit that still beat
analysts' estimates.

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Telecom Stocks: Alcatel-Lucent, Sprint, Nokia decline
1/23/2009 10:56 AM ET
Telecommunications stocks retreat once again Friday as the broader
U.S. market falls in the wake of more weak corporate earnings reports.

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