International Business News - MU 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 U.S. Rep. Bill Sali, R-Idaho, voted against extending federal unemployment benefits earlier this month, just days before Micron Technology Inc. announced it was cutting thousands of jobs. http://www.ibtimes.com/articles/20081010/idaho-rep-sali-opposed-federal-unemployment-bill.htm Fri, 10 Oct 2008 17:53:51 EDT Even before semiconductor maker Micron Technology Inc. said Thursday it would cut another 1,500 workers in Idaho, the state projected its unemployment insurance trust fund will be drained by half--to $120 million--by March 2010 as the economy slows. http://www.ibtimes.com/articles/20081010/micron-cuts-could-shrink-idaho-unemployment-trust.htm Fri, 10 Oct 2008 10:47:32 EDT Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20081009/gm-ibm-gap-morgan-stanley-among-big-movers.htm Thu, 09 Oct 2008 17:59:25 EDT Micron Technology Inc. will cut about 15 percent of its global work force as part of a restructuring of its computer memory chip operations, the company said Thursday. http://www.ibtimes.com/articles/20081009/micron-tech-reduces-global-workforce-by-15-percent.htm Thu, 09 Oct 2008 18:36:18 EDT Shares of semiconductor companies tumbled Monday as fears over a global credit crisis sank stocks and sent the Dow Jones industrial down more than 700 points to below 10,000 for the first time in four years. http://www.ibtimes.com/articles/20081006/sector-snap-semiconductors-tumble.htm Mon, 06 Oct 2008 15:58:46 EDT Semiconductor sales totaled $22.7 billion in August, up 5.5 percent from a year ago and 2.4 percent from the previous month, the Semiconductor Industry Association said Thursday. http://www.ibtimes.com/articles/20081002/industry-group-august-chip-sales-rose-5-5-percent.htm Thu, 02 Oct 2008 09:11:24 EDT Memory chip maker Micron Technology Inc. said Wednesday its fiscal fourth-quarter loss widened as the industry continues to face oversupply problems and pricing pressures. http://www.ibtimes.com/articles/20081001/micron-technology-posts-wider-4q-loss.htm Wed, 01 Oct 2008 16:48:35 EDT A $5.85 billion bid by Samsung Electronics Co. to take over SanDisk Corp., a wounded competitor that also serves as a partner, reflects the turbulence in the market for flash memory, a key ingredient in digital cameras, music players and other devices. http://www.ibtimes.com/articles/20080917/samsung-bid-for-sandisk-shows-memory-market-woes.htm Wed, 17 Sep 2008 16:35:06 EDT Among the stock activity stories for Tuesday, Sept. 16, from AP Financial News: NEW YORK (AP)--Shares of Vail Resorts Inc. dropped Tuesday as a Wachovia Capital Markets analyst downgraded the ski resort operator, anticipating a cautious forecast for fiscal 2009. http://www.ibtimes.com/articles/20080916/movers-roundup-vail-resorts-cbrl-group.htm Tue, 16 Sep 2008 14:14:32 EDT Shares of Micron Technology Inc. tumbled to a multiyear low on Tuesday amid a broader market decline as analysts expressed concern over pricing pressures and softening demand hurting the memory chip maker. http://www.ibtimes.com/articles/20080916/micron-hits-low-amid-concerns-over-demand.htm Tue, 16 Sep 2008 19:50:52 EDT Semiconductor stocks slipped Friday on investor worries that economic sluggishness is reducing demand for PCs while consumers are gravitating toward lower-priced electronics that carry lower profit margins for chip makers. http://www.ibtimes.com/articles/20080912/sector-snap-chip-shares-slip-on-weaker-pc-demand.htm Fri, 12 Sep 2008 14:36:19 EDT Semiconductor stocks dipped slightly Tuesday after an industry group reported that worldwide chip sales grew steadily in July but analysts raised fears about further pricing pressures on the notoriously volatile industry. http://www.ibtimes.com/articles/20080902/sector-wrap-semiconductor-stocks-slip-slightly.htm Tue, 02 Sep 2008 21:32:08 EDT Semiconductor chip sales totaled $22.2 billion in July, up 7.6 percent from $20.6 billion in July of last year and up 2.8 percent from $21.6 billion in June, the Semiconductor Industry Association reported Tuesday. http://www.ibtimes.com/articles/20080902/july-chip-sales-7-6-percent-industry-group-says.htm Tue, 02 Sep 2008 11:25:21 EDT Global sales of semiconductors grew 5.4 percent to $127.5 billion in the first half of 2008 propelled mostly by overseas demand, the Semiconductor Industry Association said Monday. http://www.ibtimes.com/articles/20080804/chip-sales-grow-5-4-percent-in-1st-half-of-year.htm Mon, 04 Aug 2008 10:45:06 EDT Among the sector activity stories for Tuesday, July 29, from AP Financial News: NEW YORK (AP)--Most semiconductor companies headed higher Tuesday as the broader market advanced--but Zoran Corp. was a notable exception along with Micron Technology Inc., which added to Monday's losses to hit another multiyear low. http://www.ibtimes.com/articles/20080729/sector-roundup-chips-insurers.htm Tue, 29 Jul 2008 14:25:52 EDT Most semiconductor companies headed higher Tuesday as the broader market advanced--but Zoran Corp. was a notable exception along with Micron Technology Inc., which added to Monday's losses to hit another multiyear low. http://www.ibtimes.com/articles/20080729/sector-snap-semiconductors-mostly-higher.htm Tue, 29 Jul 2008 13:57:18 EDT Shares of Micron Technology Inc. tumbled to a 15-year low Monday amid investor concerns over the health of the memory chip market. The company, which makes DRAM chips used in personal computers and NAND chips found in iPods, digital cameras and other portable devices, saw its stock fall 39 cents, or 7.8 percent, to $4.58. Earlier in the session, shares hit a low of $4.55--the stock's lowest level since 1993. Shares are down about 30 percent since the beginning of the year. http://www.ibtimes.com/articles/20080728/micron-shares-slide-amid-memory-chip-concerns.htm Mon, 28 Jul 2008 18:54:23 EDT Among the sector activity stories for Monday, July 28, from AP Financial News: NEW YORK (AP)--As chip stocks retreated along with the broader market Monday, Micron Technology Inc. was among the sector's top decliners, with other memory chip makers also down amid investor worries about how they will fare as consumer spending continues to weaken. http://www.ibtimes.com/articles/20080728/sector-roundup-semiconductors-insurance.htm Mon, 28 Jul 2008 14:28:34 EDT As chip stocks retreated along with the broader market Monday, Micron Technology Inc. was among the sector's top decliners, with other memory chip makers also down amid investor worries about how they will fare as consumer spending continues to weaken. http://www.ibtimes.com/articles/20080728/sector-snap-semiconductors-slide.htm Mon, 28 Jul 2008 13:45:40 EDT Disappointing quarterly results from Texas Instruments Inc. and SanDisk Corp. sent both companies' shares plunging Tuesday to multiyear lows and dragged down chip stocks http://www.ibtimes.com/articles/20080722/sector-snap-semiconductors-tumble.htm Tue, 22 Jul 2008 11:35:01 EDT