Tech: Intel gains help lift tech sector at market close

Date: Fri, 16 Jan 2009 15:16:42 -0800 (PST)

Tech Stocks: Intel gains help lift tech sector at market close
1/16/2009 4:21 PM ET
Tech stocks turn in a largely upbeat performance as Intel Corp. and
IBM Corp. help the sector break free from earlier losses and end the
day with broad gains.
-----------------------------------------------------------------
Time Warner holders OK reverse stock split
1/16/2009 4:43 PM ET
Time Warner shareholders voted Friday to authorize a reverse stock
split of either 1-to-2 or 1-to-3 once the separation of Time Warner
Cable has been completed.
-----------------------------------------------------------------
AMD to cut 1,100 jobs, slash executive and staff salaries
1/16/2009 4:24 PM ET
The chip maker plans to cut its workforce by 9%, or roughly 1,100
positions, in the first quarter as it struggles to lower costs in an
economic downturn.
-----------------------------------------------------------------
Intel shares rise as analysts anticipate turnaround
1/16/2009 4:17 PM ET
Intel Corp. shares rise despite the chip maker reporting a huge drop
in quarterly profit as analysts anticipate the market bottom for a
tech giant wit a history of surviving downturns.
-----------------------------------------------------------------
Europe objects to Microsoft's browser bundling
1/16/2009 3:40 PM ET
European antitrust regulators have told Microsoft that the company's
practice of including its Internet browser with its popular Windows
operating system violates European competition law.
-----------------------------------------------------------------
Earnings Outlook: EBay expected to see earnings decline in fourth
quarter
1/16/2009 2:52 PM ET
The online auctioneer, which is trying to restructure its business in
the middle of an economic recession, faces a relatively dim outlook
for its fourth-quarter earnings report next week.
-----------------------------------------------------------------
Earnings Outlook: After weeks of gloomy rumors, Microsoft to address
Wall Street
1/16/2009 2:36 PM ET
Following weeks of speculation that Microsoft Corp. may take the
unusual step of cutting jobs to grapple with the down economy, the
company is expected to post fiscal second-quarter financial results
after market's close on Thursday.
-----------------------------------------------------------------
Earnings Outlook: Google expected to see profit gain despite economy
1/16/2009 1:49 PM ET
Google Inc. will follow news of its first-ever round of layoffs with a
fiscal fourth-quarter earnings report on Thursday, as a number of
analysts have recently reduced their expectations for the company's
performance in the period.
-----------------------------------------------------------------
Telecom Stocks: Telecoms fade after early advances
1/16/2009 1:46 PM ET
Early gains fizzled and most telecommunications
stocks were flat to lower in Friday action, just days ahead of the
inauguration of President-elect Barack Obama.
-----------------------------------------------------------------
Circuit City to liquidate, adding to U.S. job losses
1/16/2009 1:43 PM ET
After failing to secure financing from creditors and lenders, bankrupt
electronics vendor Circuit City will liquidate, joining the list of
retailers like Linens 'n Things that are closing up shop due to the
economic downturn.
-----------------------------------------------------------------
Earnings Outlook: Steadiness, caution expected with IBM report
1/16/2009 11:31 AM ET
IBM Corp. is slated to report fourth-quarter earnings on Tuesday, and
analysts are largely expecting Big Blue to provide some welcome, if
only temporary, steadiness to a tech sector that has become rife with
disappointing quarterly results and weak outlooks.
-----------------------------------------------------------------
Before the Bell: Citigroup, Bank of America, Intel in the spotlight
1/16/2009 8:37 AM ET
Stock market futures pointed to a second day of gains Friday as the
U.S. government injected capital into Bank of America and guaranteed
assets at Citigroup after heavy losses for both firms.
-----------------------------------------------------------------
Sony Ericsson posts second straight quarterly loss
1/16/2009 6:10 AM ET
Sony Ericsson Mobile Communications reports its second-straight
quarterly loss as sales slump on weaker consumer demand and it takes
charges for job cuts.
-----------------------------------------------------------------
Samsung to restructure into 2 business units
1/15/2009 11:34 PM ET
South Korean electronics giant Samsung Electronics announced Friday an
operational and management shakeup that will see the world's largest
maker of memory chips and liquid crystal display panels restructure
into two operating
divisions, according to a published report.
-----------------------------------------------------------------
Video game sales beat estimates for December
1/15/2009 9:15 PM ET
Despite the slumping national economy, sales of video games still
managed to beat Wall Street's expectations for the month of December,
thanks mostly to
strong demand for Nintendo devices.

--
Posted By tamjohnhan to johnhan at 1/16/2009 06:16:00 PM