International Business News - CDNS http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Electronic design software maker Cadence Design Systems Inc. said Wednesday it will eliminate 625 full-time jobs, or 12 percent of its work force, in an effort to save $150 million annually. http://www.ibtimes.com/articles/20081105/cadence-design-cuts-625-jobs.htm Wed, 05 Nov 2008 17:25:52 EST Among the stock activity stories for Thursday, Oct. 23, from AP Financial News: NEW YORK (AP)--Shares of Zimmer Holdings Inc. skidded to a five-year low Thursday after the orthopedic implant maker reported its third-quarter results and cut its forecast for the full year because it expects lower sales. http://www.ibtimes.com/articles/20081023/movers-roundup-zimmer-allegheny.htm Thu, 23 Oct 2008 15:01:33 EDT Shares of Cadence Design Systems Inc. tumbled on Thursday after the electronic design software maker delayed its third quarter earnings pending a review of its first quarter, which it said would likely lead to a restatement. http://www.ibtimes.com/articles/20081023/cadence-shares-tumbles-on-news-it-may-restate-1q.htm Thu, 23 Oct 2008 20:39:45 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080818/hershey-fannie-mae-first-marblehead-big-movers.htm Mon, 18 Aug 2008 17:35:20 EDT Oil touches 3-month low on stronger US dollar NEW YORK (AP)--Oil fell to its lowest price in three months Friday, briefly touching the $111 level after the dollar muscled higher and OPEC predicted the world's thirst for fuel next year will fall to its lowest point since 2002. http://www.ibtimes.com/articles/20080815/business-highlights.htm Fri, 15 Aug 2008 17:58:34 EDT Electronic design software maker Cadence Design Systems Inc. on Friday withdrew its offer to buy smaller rival Mentor Graphics Corp. Cadence, which is based in San Jose, Calif., in June offered to buy Mentor Graphics for $16 per share, or about $1.45 billion. http://www.ibtimes.com/articles/20080815/cadence-withdraws-proposal-to-buy-mentor-graphics.htm Fri, 15 Aug 2008 15:55:26 EDT Cadence Design Systems, Inc. reported late Wednesday that its net income plummeted in the second quarter and that it was lowering its earning expectations for the third quarter. http://www.ibtimes.com/articles/20080723/cadence-design-2q-profit-plummets-cuts-guidance.htm Wed, 23 Jul 2008 20:13:32 EDT Mentor Graphics Corp., which makes electronic automation systems, said Monday it retained Goldman Sachs and Merrill Lynch to evaluate an unsolicited offer by larger rival Cadence Design Systems Inc. for $16 per share. http://www.ibtimes.com/articles/20080630/mentor-graphics-hires-firms-to-evaluate-offer.htm Mon, 30 Jun 2008 15:43:50 EDT The Nasdaq 100 index edged higher on Friday, even though the broader market declined on record-high oil prices and turmoil in the credit markets. The Nasdaq 100 index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, rose 0.33 points, or 0.02 percent, to 1,855.72. The broader Nasdaq composite fell 5.74 points, or 0.25 percent, to 2,315.63. http://www.ibtimes.com/articles/20080627/nasdaq-100-leaders-and-laggards-siri-wynn.htm Fri, 27 Jun 2008 17:46:15 EDT Shares of Hershey Co. tumbled to kick off the week's trading after the chairman of the trust, which holds a controlling interesting in the struggling confectioner, said a sale of the company wasn't in the works. http://www.ibtimes.com/articles/20080620/hot-stocks-of-the-week-hsy-ment-fitb-ccl-f.htm Fri, 20 Jun 2008 16:54:18 EDT This week in tech, several Yahoo Inc. executives departed the struggling tech icon while Hewlett-Packard Co. said it is reorganizing its lucrative printing and imaging business. http://www.ibtimes.com/articles/20080620/tech-roundup-several-executives-leave-yahoo.htm Fri, 20 Jun 2008 15:54:43 EDT The Nasdaq 100 ended lower on Tuesday, pressured by a weak reading on wholesale inflation and oil prices that remained at elevated levels. The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, gave up 11.94 points to 1,972.82. The broader Nasdaq composite fell 17.05 points to 2,457.73. http://www.ibtimes.com/articles/20080617/nasdaq-100-leaders-and-laggards-csns-atvi.htm Tue, 17 Jun 2008 17:05:53 EDT Shares of semiconductor companies mostly slipped with the broader market Tuesday, although shares of ASM International NV and Mentor Graphics Corp. rose sharply following separate acquisition offers. http://www.ibtimes.com/articles/20080617/sector-snap-chip-stocks-mostly-fall-with-market.htm Tue, 17 Jun 2008 15:08:12 EDT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080617/goldman-sachs-best-buy-among-big-movers.htm Tue, 17 Jun 2008 16:37:23 EDT The Standard & Poor's MidCap 400 index edged up during midday trading Tuesday as a multibillion-dollar takeover offer helped offset high oil prices and other negative economic data. http://www.ibtimes.com/articles/20080617/s-p-midcap-400-in-focus-ment-cnb.htm Tue, 17 Jun 2008 12:36:13 EDT The Nasdaq 100 fell slightly in midday trading Tuesday as crude oil prices rose and the government said wholesale prices jumped last month while the number of new housing projects fell. http://www.ibtimes.com/articles/20080617/midday-leaders-and-laggards-nasdaq-100.htm Tue, 17 Jun 2008 12:13:29 EDT Electronic design software maker Cadence Design Systems Inc. disclosed Tuesday it has offered $16 a share for smaller rival Mentor Graphics Corp., after failing to agree on deal privately for nearly two months. http://www.ibtimes.com/articles/20080617/cadence-offers-to-buy-mentor-for-1-45b.htm Tue, 17 Jun 2008 16:37:50 EDT