Some of the names on the move ahead of the open.» Read More
NEW YORK/ WASHINGTON, April 23- A former accounting manager for Nvidia Corp has settled with the U.S. Securities and Exchange Commission over allegations he leaked non-public information about the chipmaker that allowed a group of Wall Street analysts to make millions through illegal trades, the SEC announced on Wednesday.
NEW YORK, April 23- International Business Machines Corp, in its latest attempt at reviving demand for its hardware products, is launching high-end system servers that it says are 50 times faster than its closest competitor at analyzing data.
NEW YORK, April 21- A U.S. appeals court is set hear a case whose outcome could make it harder for the government to prosecute insider trading and potentially jeopardize several high-profile guilty verdicts, including that of SAC Capital Advisors portfolio manager Michael Steinberg.
SEOUL, April 18- Samsung Electronics Co said on Friday it would license its latest chip manufacturing technology to U.S. firm GlobalFoundries, a move that would help it expand production as it vies with bigger rival TSMC for orders from customers like Apple Inc.
SAN FRANCISCO, Feb 12- Graphics chipmaker Nvidia Corp has halted plans to build a flashy new campus that could have rivaled the architectural ambitions of major Silicon Valley neighbors like Facebook Inc and Apple Inc.
SAN FRANCISCO, Feb 12- Nvidia Corp on Wednesday posted higher fourth-quarter revenue that beat expectations, fueled by the graphics chipmaker's PC gaming components, even as it grapples with an expansion beyond computers and into mobile devices. With the personal computer industry losing steam, Nvidia has expanded its graphics chips into mobile devices.
Cisco and Whole Foods Market are among those moving after the bell Wednesday.
SAN FRANCISCO, Feb 12- Nvidia Corp on Wednesday posted higher fourth-quarter revenue that beat expectations, fueled by the graphics chipmaker's PC gaming and GPU business, even as it grapples with an expansion beyond computers and into mobile devices.
Taiwan's MediaTek Inc, the leading chip supplier for Chinese smartphones, is barreling into the U.S. market with a new major global branding campaign and setting up shop in San Diego, California, home to Qualcomm.
Google is poised to do for cars what it did for mobile devices by bringing the Android operating system to automobiles.
A crop circle found in a California field is now known to be a publicity stunt by NVIDIA Corporation. The crop circle depicts a stylized image of a computer chip, as well as the number 192 in braille.
A 310-foot "crop circle" in California was explained Sunday: It was a publicity stunt by Nvidia, a maker of chips for PCs and smartphones.
This week saw the conviction of a formerly high-ranking SAC employee for insider trading. But did he really do anything wrong.
NEW YORK, Dec 18- Michael Steinberg, a top portfolio manager at Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Wednesday of charges that he traded on insider information. A federal jury in Manhattan found Steinberg, 41, guilty on all five counts of conspiracy and securities fraud he faced.
NEW YORK, Dec 17- The fate of SAC Capital Advisors portfolio manager Michael Steinberg was in the hands of a jury on Tuesday, after more than four weeks of trial on charges he traded on inside information. In total, prosecutors say SAC Capital made more than $1.4 million on the Dell and Nvidia trades.
NEW YORK, Dec 16- A lawyer for Michael Steinberg, an SAC Capital Advisors portfolio manager on trial for insider trading, urged jurors on Monday to find his client not guilty, saying the government's star witness has been lying.
NEW YORK, Dec 13- The government rested its case on Friday after four weeks of testimony in the insider trading trial of SAC Capital Advisors portfolio manager Michael Steinberg, sending the proceeding toward what is expected to be a swift resolution next week.
NEW YORK, Dec 12- A former asset management firm analyst testified Thursday that he received detailed tips from a friend at Dell Inc, giving prosecutors a link to show how SAC Capital Advisors portfolio manager Michael Steinberg obtained inside information.
NEW YORK, Dec 11- The government's star witness in its insider trading case against SAC Capital Advisors' Michael Steinberg faced a final day of questioning on Wednesday, as lawyers sparred over whether he was a credible cooperator or a liar.
A former SAC Capital Advisors trader wants to cite in court some 2012 testimony given by the hedge fund's founder Steven Cohen, claiming it rebuts the government's case.