STMicroelectronics NV


  • BARCELONA, March 3- STMicroelectronics said on Tuesday it expected a second year of growth in its wireless business in 2015, following years of losses, a resurgence that eventually could help Europe's largest semiconductor maker hit overall profit margin improvement goals. Speaking to financial analysts at the annual Mobile World Congress, executives of...

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  • *BBVA leads euro zone bank selloff after result miss. LONDON, Oct 29- Southern European shares lagged small gains in pan-European indexes on Wednesday as weak results from heavyweight bank BBVA offset optimism ahead of a Federal Reserve's policy announcement. Spanish bank BBVA fell 4.1 percent as it reported a lower-than-expected net profit for the first...

  • Early Movers: HSY, FB, GRMN, WLP, EA, DAL & more Wednesday, 29 Oct 2014 | 8:16 AM ET
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  • *Fugro tumbles 22 pct after cancelling payout. LONDON, Oct 29- European stocks held on to small gains on Wednesday despite disappointing results from Dutch marine services group Fugro, among other firms, partly offsetting optimism ahead of a U.S. Fugro sank 22 percent after it warned that it will not pay a dividend for 2014 due to deteriorating markets and price...

  • European shares inch higher; Sanofi drops again Wednesday, 29 Oct 2014 | 5:20 AM ET

    *Fugro tumbles 21 pct after saying it won't pay dividend. PARIS, Oct 29- European stocks inched higher early on Wednesday, tracking sharp gains on Wall Street ahead of a U.S. France's Schneider Electric rose 3.1 percent after reporting a 7 percent rise in third-quarter sales and saying Western Europe showed long-awaited but fragile signs of stabilisation.

  • What's in a Tesla? This company broke one apart Thursday, 23 Oct 2014 | 11:29 AM ET

    IHS Technology tore apart a 2013 Tesla Model S to find out all the components that make the vehicle—the head unit alone holds nearly 5,300 parts.

  • Europe closes mixed; airlines climb as oil slides Monday, 13 Oct 2014 | 11:42 AM ET

    European shares closed mixed on Monday, as positive data from China failed to boost sentiment.

  • *Luxottica shares tumble as new CEO set to leave. Shares in German lender Commerzbank rose 2.3 percent after sources told Reuters preliminary talks with the European Central Bank have given the bank no reason to believe its capital will fall below stress test requirements. Air France-KLM gained 1.9 percent and Lufthansa climbed 1.6 percent as Brent crude...

  • *Luxottica shares tumble as new CEO set to leave. PARIS, Oct 13- European stocks paused on Monday following their steep three-week sell-off, with shares in airlines bouncing back as oil prices extended their slide on ample supply. Air France-KLM gained 3.4 percent and Lufthansa climbed 3.3 percent as Brent crude sank below $88 a barrel, its lowest level in almost...

  • *Biggest weekly U.S. outflow from Europe in 2 months. LONDON, Oct 10- European shares dropped sharply on Friday and Germany's stock market, one of the region's best performers since the 2008 financial crisis, fell to a one-year low as concerns mounted over the German and global economies. The recent sell-off has prompted U.S.-based investors to cut their exposure...

  • FRANKFURT, Oct 10- Demand for electronics devices is weakening, according to circuit makers at the base of the industry's food chain, suggesting a long-predicted slowdown in global economic growth may be coming to pass. In recent weeks, a series of U.S. semiconductor makers with global operations have begun to paint a worrying picture of a broad-based slow down...

  • *Lipper data shows weekly outflows from Europe stocks. Chip makers featured among the biggest losers, with Infineon down 4.9 percent and STMicroelectronics down 3.7 percent after a sales warning from U.S.-based Microchip. Microchip cut its forecast for fiscal second-quarter results, after experiencing subdued sales in September, especially in China, a...

  • STOCKHOLM, Sept 18- Ericsson, the world's biggest mobile network equipment maker, is winding down its modem business, shutting a loss-making unit with the departure of about 1,000 staff.

  • Europe closes higher despite Ukraine tensions Wednesday, 23 Jul 2014 | 11:31 AM ET

    European shares closed higher on Wednesday amid corporate earnings news and ongoing turmoil in Gaza and Ukraine.

  • Politics fade as earnings take over Friday, 18 Jul 2014 | 6:30 PM ET
    Espirito Santo International is the parent company of several institutions, including Banco Espirito Santo.

    Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.

  • Broadcom seeks to unload its cell chip business Monday, 2 Jun 2014 | 7:48 AM ET
    Broadcom Corp. signage is displayed outside of the company's headquarters in Irvine, California.

    Chipmaker Broadcom said it was looking to sell or wind-down of its cellular baseband business.

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  • European shares recovered from earlier losses to close higher on Monday, after U.S. retail data surpassed estimates.