Intel, the world’s largest chip maker, has for years used large rebates and co-marketing arrangements to talk Dell and other manufacturers into sticking with its products rather than increasing their business with A.M.D., according to a lawsuit filed by the New York attorney general's office. The New York Times reports.
Thursday, 5 Nov 2009 | Source: The Associated Press
The Semiconductor Industry Association said Thursday its forecast for global chip sales is brighter than its previous projections, reflecting an improving economy.
Wednesday, 4 Nov 2009 | Posted By:
Charlie Gasparino | Source: CNBC.com
Tom Maheras, Citigroup's former president and the man at the heart of the firm's push into what eventually became tens of billions of dollars in toxic debt, is running a hedge fund that is up 84 percent so far this year thanks at least in part to some unusual investing.
Intel Corp was sued by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of threatening computer makers and paying billions of dollars in kickbacks to maintain its market dominance.
Hector Ruiz will step down as chairman of chip maker Globalfoundries, following reports linking the former Advanced Micro Devices chief executive to the largest insider trading scheme in decades.
Lawyers for Raj Rajaratnam, the billionaire founder of Galleon hedge fund accused of insider trading, said the U.S. government's case is weak and they were confident of winning any trial, according to a letter filed in court on Thursday.
The linking of Advanced Micro Device's former top executive to the largest U.S. insider trading scheme in decades may raise questions about its business practices.
It's the basic question when investing in a stock: is it on the way up or will it go down? To answer this question, Wall Street has developed numerous ways of attempting to predict what will happen, estimating various attributes tied to stock performance in order to determine what the future holds for a company's valuation. After dissecting the data, analysts following a particular stock produce a price target of where they believe the stock is headed. Out of the entire S&P 500, which stocks are analysts expecting to have the biggest price drops? Here's the top 20, according to ThomsonReuters (as of market close on 10/16/09). Click ahead to find out!
Friday, 16 Oct 2009 | Posted By:
David Faber | Source: CNBC staff and wire reports
Galleon hedge fund partner Raj Rajaratnam and five others were charged with crimes including securities fraud and conspiracy involving insider trading that generated more than $20 million in profits, U.S. prosecutors and the FBI said Friday.
Thursday, 15 Oct 2009 | Source: The Associated Press
Advanced Micro lost money in the third quarter, but its stronger-than-expected sales are adding to evidence that consumer spending is fueling a turnaround in the personal computer market.
New York Attorney General Andrew Cuomo filed some salacious charges this morning, accusing Intel of using "illegal threats and collusion" to control the microprocessor market... Read More
Economists forecast the GDP number to show growth anywhere from just under 3 percent to as high as 4 percent - the first positive growth for the U.S... Read More