Texas Instruments announced on Tuesday that it has signed an agreement to acquire its rival, National Semiconductor, in an all-cash transaction totaling US$6.5 billion. This will merge two leading analog semiconductor companies. National's shareholders will receive $25 a share, 78 percent higher tha...
The technology industry was rocked by more dismal news Tuesday with a Gartner report predicting sales of semiconductors will drop by 16.3 percent to $219.2 billion in 2009 due to the recession and lower consumer spending. The decline in chip sales in 2009 will mark the first time the sector has seen...
After years spent battling obstruction of justice charges in an investigation of Credit Suisse First Boston, former investment banker Frank Quattrone is back with an investment firm of his own. Qatalyst Group, launched Monday by Quattrone and some former colleagues, is a technology-focused merchant ...
Hoping to convince more enterprises to ditch existing search tools for its offerings, Google is giving away its Google Mini search appliance to companies willing to make the switch to its high-end search tools for business. Customers who sign up to switch to Google Enterprise will be able to receive...
Stocks closed mixed today, with the Dow and the S&P 500 ending their three-day losing streaks, but the Nasdaq still stuck in reverse. The Dow ended at 10,622.88, up 25.05 points, or 0.24 percent. The Nasdaq fell 1.24 points, or 0.06 percent, to 2,090.00. The S&P 500 gained 4.15 points, or 0...
U.S. stocks rallied late in the session today as some positive earnings news outweighed a spike in weekly jobless claims and the prospect of tighter oil supplies heading into 2005. The Dow, which was down more than 70 points during the trading session, reversed course in late trading and finished hi...
In what has been a rare occurrence this year, technology stocks outshone their counterparts as some good earnings news from the sector helped power the Nasdaq higher. A better-than-expected earnings report from National Semiconductor and an upbeat forecast from Nokia that said cell phone sales were ...
Eastman Kodak has signed an agreement to purchase National Semiconductor's imaging business unit, which develops and manufactures metal oxide semiconductor image sensor (CIS) devices. Terms of the agreement were not disclosed. As part of this agreement, Kodak will acquire certain assets, including i...
National Semiconductor today reported a GAAP profit of US$126.4 million, or 32 cents per share, on revenues of $571.2 million for the fourth quarter of fiscal 2004, which ended May 30th, 2004. National Semiconductor's fourth-quarter sales were 34 percent higher than the fourth quarter of fiscal 2003...
E-tailers have come to the costly understanding that providing a general e-mail address on a Web site is no way to handle customer queries. Gartner analyst Adam Sarner told the E-Commerce Times that companies are turning to high-tech e-mail management tools and shifting strategies in a bid to curb i...
Good - It's entertaining and makes sporting events more interesting.
Bad - It increases the risk of gambling addiction and financial loss.
Neutral - The benefits and drawbacks are equally significant.
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