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Stocks rallied to finish near session highs Tuesday, with the Dow soaring nearly 150 points, as members of the Federal Reserve kicked off their two-day meeting to discuss the future of the central bank's bond-buying program.
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*Says negotiating with Hollywood studios over possible movie. BOSTON, June 19- Eccentric former software pioneer John McAfee is back in the spotlight- lashing out at the anti-virus software that bears his name in a profanity-laced video.
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SAN FRANCISCO, June 19- Chip designer ARM said the size and depth of its partner network across hardware and software gave it an edge in mobile technology that top chipmaker Intel Corp and new graphics rival Nvidia Corp would struggle to match.
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Cisco Systems Inc. rose. 2 percent to $24.88 with 10,139,800 shares traded. Facebook Inc. rose. 6 percent to $24.35 with 12,130,400 shares traded. Intel Corp. fell. 3 percent to $25.39 with 9,786,700 shares traded.
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SAN FRANCISCO, June 18- Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.
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TORONTO, June 18- Canada's Tim Hortons Inc is under mounting pressure from activist investors to boost shareholder value a few weeks before a new CEO takes over after a second hedge fund said it had amassed a big stake in the coffee and doughnut chain.
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Dell Inc. rose. 4 percent to $13.46 with 18,489,500 shares traded. Facebook Inc. rose 2.3 percent to $24.58 with 22,034,100 shares traded. Intel Corp. rose 1.4 percent to $25.46 with 18,359,600 shares traded.
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Citi analyst Glen Yeung said that memory prices are likely to continue to rise. Additionally, they said that Intel, Microsoft and other PC makers' increased focus on making lower-cost notebooks could stimulate demand for personal computers, which could also benefit Micron.
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Cisco Systems Inc. rose 3.2 percent to $24.87 with 27,426,800 shares traded. Facebook Inc. rose 2.5 percent to $24.23 with 17,984,900 shares traded. Groupon Inc. rose 1.0 percent to $7.73 with 11,173,800 shares traded.
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NEW YORK-- Shares of Advanced Micro Devices Inc. climbed Monday following a Barron's report that said the chipmaker's stock could rise substantially if its acquisition of SeaMicro is a success.
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Capstone Turbine Corp. fell 11.6 percent to $1.13 with 9,018,900 shares traded. Cisco Systems Inc. fell. 7 percent to $24.19 with 16,170,600 shares traded. Facebook Inc. fell 1.8 percent to $23.30 with 12,806,100 shares traded.
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Clearwire Corp. rose 1.8 percent to $4.45 with 18,514,400 shares traded. Facebook Inc. fell 1.6 percent to $23.40 with 16,628,600 shares traded. First Solar Inc. fell. 6 percent to $46.37 with 11,177,800 shares traded.
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Human resources executives from Adobe, Broadcom, Intel, Motorola Solutions and other corporations met with dozens of lawmakers and senior advisers on Wednesday from the congressional committees in charge of immigration laws.
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HELSINKI, June 13- Mobile phone maker Samsung Electronics is set to open a new research and development centre in Nokia's home town on Thursday, highlighting the Korean company's ascendancy over its once dominant Finnish rival. Samsung's newest R&D facility, its first in the Nordic region, is located in Espoo, Finland, where Nokia has its headquarters.
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NEW YORK, June 12- Clearwire Corp's board urged shareholders on Wednesday to accept a tender offer from Dish Network Corp over an earlier deal with majority owner Sprint Nextel Corp to buy out the minority shareholders of the wireless service provider.
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Applied Materials Inc. rose 1.6 percent to $15.44 with 14,964,200 shares traded. Cisco Systems Inc. rose. 4 percent to $24.18 with 15,351,100 shares traded. Dell Inc. was unchanged at $13.37 with 9,796,000 shares traded.
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Cisco Systems Inc. fell. 1 percent to $24.33 with 14,955,800 shares traded. Exide Technologies rose 47.7 percent to$. 29 with 12,460,000 shares traded. Facebook Inc. fell. 5 percent to $24.21 with 18,742,200 shares traded.
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June 11- Japanese mobile operator SoftBank Corp raised its offer for U.S. wireless carrier Sprint Nextel Corp to $21.6 billion for a 78 percent stake as it looks to fend off a rival bid for Sprint by Dish Network Corp, the No. 2 U.S. satellite TV provider. Oct 18- Sprint says it buys more than 50 percent of Clearwire by buying a stake from its founder.
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Stick with a few old tech names, Tim Seymour of EmergingMoney.com says.
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Stocks closed narrowly mixed in choppy trading Monday, as investors seemed to take a breather following last week's sharp rally and amid worries over when the Fed might scale back its stimulus program.
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Cisco Systems Inc. fell. 5 percent to $24.36 with 59,945,900 shares traded. Comcast Corp. fell. 9 percent to $40.79 with 16,823,200 shares traded. Dynavax Technologies Corp. fell 37.2 percent to $1.55 with 14,965,000 shares traded.
Most Popular Video
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.