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Microchip Technology Inc

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  • NEW YORK, Oct 10- The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry. Some pinned the slide to concern about the Federal Reserve's imminent ending of its asset purchases stimulus, as well as worries...

  • NEW YORK, Oct 10- The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry. Some pinned the slide to concern about the Federal Reserve's imminent ending of its asset purchases stimulus, as well as worries...

  • Worst week for S&P 500, Nasdaq since May 2012 Friday, 10 Oct 2014 | 4:37 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks fell Friday as computer-chip makers dropped on Microchip Technology's reduced forecast.

  • Chipmakers led the decline, with the PHLX semiconductor index down 6.6 percent, the most for any day since mid February 2009, after Microchip Technology warned of a broad-based industry downturn. Microchip Tech shares tumbled 11.9 percent and the SOX entered correction territory, falling as much as 15.4 percent from a 13- year high hit less than a month ago.

  • 'Closer to the end' of selloff: BTIG strategist Friday, 10 Oct 2014 | 1:59 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The end—of the selloff in stocks—is nigh, BTIG Chief Strategist Dan Greenhaus says.

  • Midday movers: Blackstone Group, Tesla Motors & more Friday, 10 Oct 2014 | 12:40 PM ET

    Some of Friday's midday movers:

  • NEW YORK, Oct 10- The Nasdaq dropped more than 1 percent on Friday, continuing a recent bout of weakness as the tech-heavy index was pressured by weakness in semiconductor stocks. "In a vacuum of policy response" to the weakness in Europe, "investors are selling first and asking questions later," said Jim McDonald, chief investment strategist at Chicago- based...

  • NEW YORK, Oct 10- The Dow and S&P 500 rose on Friday, modestly rebounding after a sharp decline in the previous session, though weakness in chipmakers limited the Nasdaq's advance. Intel Corp fell 2.4 percent to $32.77 while Texas Instruments sank 6.8 percent to $42.87 and Micron Tech lost 6.1 percent to $28.77. "Investors may have to worry beyond Friday about the...

  • Clouds gather but is a correction in the forecast? Friday, 10 Oct 2014 | 9:48 AM ET
    Trader on the floor of the New York Stock Exchange.

    The S&P 500 Index is at a two-month low. How real is the main concern of slowing global growth?

  • US STOCKS-Futures drop, chipmakers weigh on Nasdaq Friday, 10 Oct 2014 | 8:36 AM ET

    NEW YORK, Oct 10- U.S. stock index futures fell on Friday, with the decline particularly pronounced in the tech-heavy Nasdaq index, which was weighed by weakness in chipmakers. Intel Corp fell 2.4 percent to $32.80 while Micron Technology was off 2.3 percent at $29.92. In other tech news, Juniper Networks Inc fell 6.4 percent to $19.59 before the bell a day after it...

  • Early movers: SYMC, YELP, MSFT, FDO, TSLA & more Friday, 10 Oct 2014 | 7:37 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Earnings season begins: Bright spots and worries Monday, 6 Oct 2014 | 10:30 AM ET
    A woman holding an umbrella walks past a KFC restaurant, operated by Yum! Brands Inc.

    Traders are also watching Brazil after its election surprise.

  • Midday movers: AIG, Amgen, Lear & more Thursday, 28 Aug 2014 | 2:07 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of Thursday's midday movers:

  • *UK company has attractive niche in Internet of Things. LONDON, Aug 28- Britain's CSR has rebuffed an approach from Microchip Technology, saying its U.S. rival would have to pay more if it wants to bolster its role in the "Internet of Things" with the chipmaker's radio technology.

  • LONDON, Aug 28- British chipmaker CSR, which makes technology used in headphones and speaker docks, said it had rejected a takeover approach from Microchip Technology Inc, sending its shares up as much as 27 percent.

  • CSR rejects Microchip Tech approach, shares surge Thursday, 28 Aug 2014 | 5:03 AM ET

    LONDON, Aug 28- British chipmaker CSR said it had rejected an approach from Microchip Technology Inc about a possible offer for the company, sending its shares up as much as 27 percent. "The price proposed by Microchip has been rejected and the board is considering its options for the company," CSR said in a short statement on Thursday.

  • The growing case for diversity as a profit source Wednesday, 23 Apr 2014 | 8:56 AM ET

    Diversity alone isn't a reason to invest in a stock, but companies dominated by alpha males and old white guys may end up costing shareholders.

  • What stocks are hot? Top picks from CNBC guests... Thursday, 10 Apr 2014 | 1:07 PM ET

    Ten leading money men and women have agreed to give investors access to their three best ideas this week. Here are the participants so far and their picks.

  • Slow down with 'new money': Portfolio manager Wednesday, 9 Apr 2014 | 1:01 PM ET

    Two money managers add their stock picks to the "Squawk Box" Platinum Portfolio contest, with some big names making an appearance.

  • Who's done well in tech, despite the selloff Wednesday, 9 Apr 2014 | 11:02 AM ET

    Despite the recent selloff in the broader tech space, names in this sector are holding up, analysts say.