*Trade secret theft costs $300 billion, 2.1 million jobs. WASHINGTON, May 22- Theft of trade secrets, chiefly by China, costs the U.S. economy $300 billion a year and must be fought with sanctions as tough as those used against terrorism and drug trafficking, an advisory panel said on Wednesday.
*Irish government calls Senate report "wrong and misleading". Ireland has been forced to defend its corporate tax rate after the Senate said on Monday that Apple paid little or no tax on tens of billions of dollars in profits channelled through Irish subsidiaries and that it had negotiated a special corporate tax rate of less than 2 percent. 1/ 2 ID: nL2N0E20Y1 3/ 8.
Cisco Systems Inc. fell. 7 percent to $23.85 with 22,100,800 shares traded. Clearwire Corp. fell. 7 percent to $3.38 with 38,395,800 shares traded. Facebook Inc. fell. 8 percent to $25.46 with 19,868,000 shares traded.
DUBLIN, May 22- Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.
May 21- Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share on Tuesday under pressure from activist shareholders, but the new bid failed to impress several big investors.
SAN FRANCISCO, May 21- Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping company reorganization and created a unit aimed at growing its market share in future mobile technologies.
Cisco Systems Inc. fell. 6 percent to $23.80 with 23,250,500 shares traded. Clearwire Corp. rose 4.9 percent to $3.42 with 29,710,900 shares traded. DryShips Inc. rose 4.1 percent to $2.26 with 11,472,400 shares traded.
SAN FRANCISCO, May 21- Intel Corp's new chief executive, Brian Krzanich, has reorganized key business groups and created a "new devices" unit, according to a source who has seen an internal email, shaking up the world's top chipmaker days after formally assuming control.
SAN FRANCISCO, May 21- Intel Corp new Chief Executive Officer Brian Krzanich has re-organized key business groups and created a "new devices" unit, according to a source who has seen an internal email, shaking up the world's top chipmaker days after formally assuming control.
May 21- Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share, but the new bid was not high enough to impress some investors. Clearwire shares almost immediately traded around the new offer price, having consistently traded well above the old $2.97- per-share bid.
May 21- Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share, though some investors and analysts said the new bid was still not enough to overcome staunch opposition. Sprint's revised bid values Clearwire at $10.7 billion.
May 21- Sprint Nextel Corp said on Tuesday it raised its buyout offer for wireless service provider Clearwire Corp 14 percent to $3.40 per share, just hours before shareholders were set to vote on the company's original offer.
Cisco Systems Inc. fell 2.0 percent to $23.76 with 29,194,000 shares traded. Facebook Inc. fell 1.7 percent to $25.80 with 26,942,000 shares traded. Intel Corp. rose. 2 percent to $24.08 with 16,610,500 shares traded.
Applied Materials Inc. rose 1.1 percent to $14.82 with 14,452,500 shares traded. Aruba Networks fell 26.7 percent to $12.91 with 35,494,700 shares traded. Autodesk Inc. fell 7.4 percent to $36.83 with 11,966,600 shares traded.
*Clearwire shareholders to vote on Sprint buyout May 21. NEW YORK, May 17- Minority shareholders of Clearwire Corp are expected to vote down a buyout offer from Sprint Nextel Corp next week and force the No.3 U.S. wireless company to cough up more cash for control of Clearwire's valuable spectrum.
*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
SAN FRANCISCO, May 16- Intel Corp's new CEO Brian Krzanich said on Thursday that under his leadership the top chipmaker will be more responsive to customers in an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.