NEW YORK— Shares of Micron Technology tumbled 18 percent Friday, hitting levels not seen in more than a year as demand for PCs continues to fade. Micron was by far the biggest percentage loser on the S&P 500 index and its third-quarter numbers dragged down Sandisk, Intel, Semiconductor Manufacturing International and other chipmakers. "Below-seasonal demand...
*Forecast comes after client Qualcomm's chips dropped by Samsung. TAIPEI, April 16- Taiwan Semiconductor Manufacturing Co Ltd on Thursday said revenue is likely to fall in the second quarter from the first, due in part to the loss of business at one of its key customers. The forecast comes a week after rival Samsung Electronics Co Ltd said it used its own chips in its...
*Chips from client Qualcomm dropped by Samsung. TAIPEI, April 16- Taiwan Semiconductor Manufacturing Co Ltd reported a 65 percent rise in first-quarter net profit on Thursday, beating analyst estimates, boosted by strong sales of iPhones from main client Apple Inc.. Company-watchers are skittish about the firm's future as competition intensifies to produce...
BEIJING, Feb 9- Qualcomm Inc is likely to pay China a record fine of around $1 billion, ending a 14- month government investigation into anti-competitive practices, after the U.S. chipmaker and the regulator made significant progress during talks last week. The deal, which may also see Qualcomm lower its royalty rates by around a third on patents used in China,...
Jan 16- Hong Kong shares drifted downward on Friday as losses on Wall Street spread to Asia. Among the most actively traded stocks on Hong Kong's main board were China National Culture Group, down 11.1 percent to HK $0.12 Bank Of China, down 0.7 percent to HK $4.44 and Semiconductor Manufacturing International, down 2.8 percent to HK $0.70. Chinese investment...
LONDON, Oct 12- European shares fell on Friday on persistent concerns about the outlook for the third-quarter earnings season that is expected to keep regional markets within a tight near-term range. At 0709 GMT, the FTSEurofirst 300 index of top European shares was down 0.4 percent to 1.094. 81 points.
LONDON, Oct 12- European stock index futures pointed to a lower open on Friday as expectations for weak corporate earnings and concerns about Spain's debt crisis keep investors on the back foot after healthy gains in the previous session.
PARIS, Oct 11- European stocks rallied on Thursday as a drop in U.S. jobless claims fuelled recovery hopes for the world's biggest economy while Spain's credit downgrade boosted expectations that Madrid would soon request a bailout.
PARIS, Oct 11- European stocks extended their gains on Thursday after data showed an unexpected drop in U.S. weekly unemployment benefit claims, reviving hopes the world's biggest economy is recovering.
LONDON, Oct 11- European shares steadied after cutting earlier losses on Thursday as gains in stocks such as French retailer Carrefour and British luxury goods group Burberry enabled a key European equity index to recover.
LONDON, Oct 11- European shares fell for the fourth consecutive session on Thursday, as persistent worries over Spain's debt problems and the prospects of weak company earnings hit the region's stock markets.
LONDON, Oct 10- European shares extended earlier losses on Wednesday, after a rise in the one-year bond yields of Italy highlighted persistent worries over the euro zone's sovereign debt crisis.
LONDON, Oct 10- European shares pared earlier losses on Wednesday to turn flat, as gains in miners counterbalanced weakness in technology shares. The FTSEurofirst 300 index was broadly flat at 1,095.79 points by 0731 GMT. The euro zone Euro STOXX 50 index.
LONDON, Oct 10- European shares fell on Wednesday, losing ground for the third consecutive session, pegged back by concerns over the euro zone and the prospects of weak corporate earnings.
At 0602 GMT, futures for the Euro STOXX 50, for Germany's DAX and for France's CAC were down 0.1-0.3 percent.
With the hotly anticipated Facebook public listing in mind, the CNBC Analytics team looked into IPOs from 2000 to the present to see which ones have been the most and least successful.
Following are some moves you may have missed. Find out why Semiconductor Manufacturing popped while Myriad Genetics and Sanderson Farms dropped.
The Lightning Round is extended in this CNBC.com exclusive feature.