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  • Alibaba holiday-quarter revenue disappoints Thursday, 29 Jan 2015 | 7:10 AM ET

    Jan 29- Alibaba Group Holding Ltd's quarterly revenue fell short of analysts' expectations, showing signs of a slowdown in the Chinese e-commerce company's growth during the hard-fought holiday shopping season. Revenue rose 40 percent to $4.22 billion in the December quarter, missing the average analyst estimate of $4.45 billion, according to Thomson...

  • Hershey dips into meat market with Krave Jerky Thursday, 29 Jan 2015 | 7:04 AM ET

    NEW YORK— Hershey has a sudden hankering for protein, with plans to add jerky to its lineup. Krave, based in Sonoma, California, positions itself as a premium jerky with no artificial ingredients and comes in flavors like black cherry barbecue, basil citrus and lemon garlic. Michele Buck, president of Hershey North America, said in a phone interview with The...

  • Intel says corporations buying more high-end PCs Thursday, 29 Jan 2015 | 7:00 AM ET

    SAN FRANCISCO, Jan 29- Companies replacing older PCs are increasingly choosing ones with high-end features aimed at improved security and employee efficiency, according to a senior Intel Corp executive. Intel's "vPro" processors account for a fifth of the chipmaker's corporate PC business and that proportion is growing, Tom Garrison, Intel's vice president...

  • Jacobs Engineering misses 1Q profit forecasts Thursday, 29 Jan 2015 | 5:09 AM ET

    PASADENA, Calif. _ Jacobs Engineering Group Inc. on Thursday reported fiscal first-quarter earnings of $100.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. Jacobs Engineering shares have fallen 14 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen...

  • *AstraZeneca working with academic groups and Thermo Fisher. LONDON, Jan 29- AstraZeneca said on Thursday it had struck four research agreements in the hot area of genome editing as it bets on a new "genetic scissors" technology to deliver better and more precise drugs for a range of diseases. The collaborations with Britain's Wellcome Trust Sanger Institute, the...

  • Laser co-creator Charles Townes, a Nobel laureate, dies Thursday, 29 Jan 2015 | 3:56 AM ET

    BERKELEY, Calif.— Charles H. Townes' inspiration for the predecessor of the laser came to him while sitting on a park bench, waiting for a restaurant to open for breakfast. "I realized there would be many applications for the laser," Townes told Esquire magazine in 2001, "but it never occurred to me we'd get such power from it." "Charlie Townes had an enormous impact on...

  • UPDATE 2-Dollar strength brightens outlook for Infineon Thursday, 29 Jan 2015 | 3:06 AM ET

    FRANKFURT, Jan 29- German chipmaker Infineon reported better than expected first-quarter results on Thursday and raised its forecast for the year, boosted by the dollar's strength and improved demand for its power management and security chips. Infineon, which also makes chips that activate car airbags, control air conditioners and washing machines and...

  • NEW YORK, Jan 29- When Marty Weinstein decided to quit smoking, he took a friend's advice and tried electronic cigarettes rather than government-approved nicotine replacement products. E-cigarette makers in the United States are barred from explicitly marketing the products as smoking cessation devices, but have found ways to appeal legally to smokers who...

  • Tetra tops 1Q profit forecasts Wednesday, 28 Jan 2015 | 7:10 PM ET

    PASADENA, Calif. _ Tetra Tech Inc. on Wednesday reported fiscal first-quarter earnings of $25.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share. Analysts expected $454.6 million, according to Zacks.

  • SEOUL, South Korea— Samsung lost the battle of the big phones last quarter as Apple's copycat large iPhone lured buyers in the crucial Chinese market. Samsung accounted for nearly one third of global smartphone sales in 2013, twice as much as Apple. Apple Inc. was behind Samsung's latest reversal in fortune, launching iPhones with bigger screens that robbed...

  • BERKELEY, Calif.— Charles H. Townes, the Nobel Prize-winning physicist who helped create the laser that would revolutionize everything from medicine to manufacturing, has died. Townes had been in poor health before his death on the way to an Oakland hospital Tuesday, officials at the University of California, Berkeley, said. "I realized there would be many...

  • SAN FRANCISCO, Jan 28- Qualcomm Inc reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer's flagship smartphone, sending its shares lower. The San Diego, California, company also warned that "challenges" with another of its chips had hurt its competitiveness in China, where Qualcomm has been...

  • Kilroy Realty reports 4Q results Wednesday, 28 Jan 2015 | 6:24 PM ET

    LOS ANGELES _ Kilroy Realty Corp. on Wednesday reported a key measure of profitability in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 72 cents per share. Analysts expected $132.3 million, according to Zacks.

  • Intersil beats Street 4Q forecasts Wednesday, 28 Jan 2015 | 6:10 PM ET

    MILPITAS, Calif. _ Intersil Corp. on Wednesday reported fourth-quarter earnings of $17.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. For the current quarter ending in March, Intersil expects its per-share earnings to range from 14 cents to 16 cents.

  • ShoreTel reports 2Q loss Wednesday, 28 Jan 2015 | 5:58 PM ET

    SUNNYVALE, Calif. _ ShoreTel Inc. on Wednesday reported a loss of $6.8 million in its fiscal second quarter. For the current quarter ending in March, ShoreTel said it expects revenue in the range of $84 million to $90 million. ShoreTel shares have fallen 4 percent since the beginning of the year.

  • Extreme Networks reports 2Q loss Wednesday, 28 Jan 2015 | 5:36 PM ET

    SAN JOSE, Calif. _ Extreme Networks Inc. on Wednesday reported a loss of $13.1 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. For the current quarter ending in March, Extreme Networks expects its results to range from a loss of 3 cents per share to a loss of 2 cents per...

  • Mellanox reports 4Q loss Wednesday, 28 Jan 2015 | 5:10 PM ET

    SUNNYVALE, Calif. _ Mellanox Technologies Ltd. on Wednesday reported a loss of $4.8 million in its fourth quarter. Analysts expected $135.3 million, according to Zacks. For the current quarter ending in March, Mellanox said it expects revenue in the range of $140 million to $145 million.

  • Fortinet meets 4Q profit forecasts Wednesday, 28 Jan 2015 | 5:10 PM ET

    SUNNYVALE, Calif. _ Fortinet Inc. on Wednesday reported fourth-quarter profit of $6.8 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 14 cents per share. Fortinet shares have risen slightly more than 2 percent since the beginning of the year.

  • LOS ANGELES, Jan 28- Plunging oil prices led California's Kern County to declare a fiscal emergency on Tuesday, a move that allows officials to tap into a reserve fund as tax revenue faces a big decline due to the lower oil prices. Kern County, in central California, is at the heart of the state's oil production. Officials in Kern County, with a population of about...

  • SGI reports 2Q loss Wednesday, 28 Jan 2015 | 4:54 PM ET

    MILPITAS, Calif. _ Silicon Graphics International Corp. on Wednesday reported a loss of $10.4 million in its fiscal second quarter. On a per-share basis, the Milpitas, California- based company said it had a loss of 30 cents. For the current quarter ending in March, SGI said it expects revenue in the range of $120 million to $130 million.