Tuesday, February 10, 2009

Tech: Broad losses hammer sector at market close

Date: Tue, Feb 10, 2009 at 6:00 PM


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Tech Stocks: Broad losses hammer sector at market close
2/10/2009 4:19 PM ET
Technology stocks end the day sharply lower amid a broader market sell-off as
investors fail to get behind a plan by Treasury Secretary Timothy Geithner to
rescue the U.S. banking system.

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Jennifer Openshaw: Thinking stocks with Jonas Brothrs, Jessica Simpson, the Boss
2/10/2009 7:03 PM ET
There are many different ways to put together a stock portfolio: Some people
scrutinize earnings reports, P/E ratios, and more financial minutia. Some
people close their eyes and throw a dart at the financial page.

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Stocks to Watch: Stocks in focus for Wednesday
10/2009 5:59 PM ET
Among the companies whose shares are expected to see active trade in
Wednesday's session are Ingersoll-Rand, Credit Suisse, Activision Blizzard and
ArcelorMittal.

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Microchip withdraws plan to acquire Atmel
2/10/2009 5:32 PM ET
Microchip Technology Inc. says it is ending its bid to acquire Atmel Corp. and
is withdrawing its slate of director-nominees for the company's upcoming board
elections.

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Nvidia turns in a loss as sales plunge
2/10/2009 5:29 PM ET
Nvidia Corp. reports a big loss in its fiscal fourth quarter as sales for the
graphics chip maker plunge 60% in what the company calls a "difficult and
uncertain" business environment.

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Applied Materials swings to loss on dramatic demand drop
2/10/2009 5:06 PM ET
Applied Materials Inc. reports a big fiscal first quarter loss, stung by a 36%
drop in sales as the company reels from what its chief executive describes as
"an unprecedented decline in demand."

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After Hours: Applied Materials, Nvidia fall on quarterly losses
2/10/2009 5:03 PM ET
Shares of Applied Materials and Nvidia fall in the evening trading session
after the technology companies report quarterly losses.

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DirecTV profit slips 5% as costs rise
2/10/2009 4:47 PM ET
DirecTV, the largest U.S. satellite broadcaster, said
Tuesday that its fourth-quarter profit fell 5% as the cost to acquire and
retain subscribers increased sharply.

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Yahoo shares slide following analyst downgrade
2/10/2009 4:43 PM ET
Shares of embattled Internet company Yahoo Inc. fall more than 8%, as
a Needham & Co. analyst downgrades the stock, citing a "softening"
online advertising market.

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AMD shares plunge on delay of spin-off plan
2/10/2009 4:11 PM ET
Shares of Advanced Micro Devices fall sharply after the company says it needs
more votes for the approval of its planned spin-off.

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Intel to invest $7 billion in U.S. facilities
2/10/2009 4:06 PM ET
Semiconductor maker Intel Corp. plans to spend $7 billion over the next two
years to build advanced manufacturing facilities in the U.S.

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London Markets: U.K. miners pace retreat as U.S. financial plan
2/10/2009 12:13 PM ET
Shares listed in the FTSE 100, London's top index, fell sharply on Tuesday,
with mineral extractors among the lead decliners as investors fretted over the
U.S. government's latest plan to shore up its financial system and economy.

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Qwest profit cut in half, looks to cut costs
2/10/2009 10:48 AM ET
Qwest Communications International posts sharply lower earnings in the fourth
quarter as more landline customers disconnect phone service.

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