International Business News - STM 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 Investors slammed semiconductor stocks Thursday amid fears that demand for computer chips is drying up as the economic malaise plaguing the U.S. is spreading to the rest of the world. http://www.ibtimes.com/articles/20080904/semiconductors-stocks-hit-hard-by-economic-worries.htm Thu, 04 Sep 2008 18:44:22 EDT Swedish wireless equipment maker LM Ericsson AB and Swiss chip-maker STMicroelectronics NV unveiled plans Wednesday to create a 50-50 joint venture that will make a key component known as chipsets for mobile phones. http://www.ibtimes.com/articles/20080820/ericsson-stmicroelectronics-form-joint-venture.htm Wed, 20 Aug 2008 09:50:57 EDT Among the stock activity stories for Wednesday, July 23, from AP Financial News: SAN FRANCISCO (AP)--VMware Inc.'s shares tumbled to a low Wednesday as investors punished the business software maker following a disappointing sales forecast, and a Citi analyst downgraded the company. http://www.ibtimes.com/articles/20080723/movers-roundup-vmware-general-motors.htm Wed, 23 Jul 2008 18:17:18 EDT Among the sector activity stories for Wednesday, July 23, from AP Financial News: NEW YORK (AP)--Shares of national banks mostly rose Wednesday, despite Washington Mutual Inc. and Wachovia Corp. reporting wider-than-expected second-quarter losses a day earlier. http://www.ibtimes.com/articles/20080723/sector-roundup-national-banks-internet.htm Wed, 23 Jul 2008 16:10:38 EDT U.S.-traded shares of STMicroelectronics NV jumped Wednesday after the Switzerland-based chip maker posted a smaller second-quarter loss and, excluding items, adjusted earnings above Wall Street's expectations. http://www.ibtimes.com/articles/20080723/stmicroelectronics-jumps-after-solid-2q-results.htm Wed, 23 Jul 2008 20:09:55 EDT Semiconductor stocks, led by STMicroelectronics NV, gained some ground Wednesday after Tuesday's sharp decline, which was fueled by worries over the memory chip sector and disappointing earnings from Texas Instruments Inc. http://www.ibtimes.com/articles/20080723/sector-snap-chip-stocks-advance.htm Wed, 23 Jul 2008 12:28:04 EDT STMicroelectronics NV narrowed its losses in the second quarter as the chip maker recorded lower charges related to the spinoff of its flash memory division and other restructuring efforts. http://www.ibtimes.com/articles/20080722/stmicro-narrows-2q-loss.htm Tue, 22 Jul 2008 19:25:37 EDT Major business events and economic events scheduled for Tuesday: NEW YORK--Treasury Secretary Paulson speaks on markets and the economy. http://www.ibtimes.com/articles/20080721/calendar-of-major-business-events-for-tuesday.htm Mon, 21 Jul 2008 15:22:28 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): MONDAY, July 21 http://www.ibtimes.com/articles/20080718/business-economic-events-for-the-coming-week.htm Fri, 18 Jul 2008 17:45:02 EDT Nokia Corp. is buying the consortium that makes the software for its phones and making it available for free to other manufacturers, in hopes of blunting the influence of competing software providers. http://www.ibtimes.com/articles/20080624/nokia-to-buy-rest-of-symbian-free-its-software.htm Tue, 24 Jun 2008 11:46:01 EDT Shares of European chip makers fell with the market Friday, but ASM International NV climbed after Applied Materials Inc. offered to buy two of ASM's units for $400 million to $500 million. http://www.ibtimes.com/articles/20080606/adrs-in-focus-asm-jumps-on-applied-materials-bid.htm Fri, 06 Jun 2008 16:27:22 EDT Semiconductor stocks fell with the broader market Friday after the Labor Department reported the U.S. unemployment rate in May posted its biggest monthly jump since 1986. http://www.ibtimes.com/articles/20080606/sector-snap-chip-stocks-fall-with-market.htm Fri, 06 Jun 2008 13:21:23 EDT U.S.-traded shares of European tech companies rose Tuesday, with Qimonda AG jumping after the German memory chip maker signed a contract to buy solar wafers from LDK Solar Ltd. over the next five years. http://www.ibtimes.com/articles/20080506/adrs-in-focus-european-tech-stocks-advance-on-qimonda-pact.htm Tue, 06 May 2008 14:39:18 EDT European chip maker STMicroelectronics NV, hit by costs from a spinoff and an acquisition, reported a loss for the first quarter and fell short of Wall Street expectations, but its shares rose Tuesday on its optimistic outlook. http://www.ibtimes.com/articles/20080429/stmicro-shares-rise-on-bright-outlook-despite-1q-loss.htm Tue, 29 Apr 2008 14:09:44 EDT Switzerland-based semiconductor maker STMicroelectronics NV said Monday it swung to a first-quarter net loss, hurt by restructuring charges and other costs from the sale of its flash memory unit and its acquisition of Genesis Microchip. http://www.ibtimes.com/articles/20080428/stmicroelectronics-swings-to-1q-loss-hurt-by-charges.htm Mon, 28 Apr 2008 18:26:56 EDT Shares of STMicroelectronics NV jumped Wednesday after the memory chip maker said it will repurchase up to 30 million shares and plans to increase its quarterly dividend. The Swiss company said the ... http://www.ibtimes.com/articles/20080402/stmicroelectronics-up-on-share-buyback.htm Wed, 02 Apr 2008 15:33:27 EDT Intel Corp. said Monday it has closed a deal to create a flash memory chip company along with fellow chip maker STM Microelectronics NV and investment company Francisco Partners. http://www.ibtimes.com/articles/20080331/intel-sets-up-flash-memory-joint-venture.htm Mon, 31 Mar 2008 10:29:10 EDT Chip maker STMicroelectronics NV fell to its lowest point in nine years Wednesday after customer Sony Ericsson issued a first-quarter profit warning because of falling demand for mid- and high-range cell phones. http://www.ibtimes.com/articles/20080319/stmicroelectronics-falls-on-sony-warning.htm Wed, 19 Mar 2008 11:19:27 EDT Shares of semiconductor makers slipped Wednesday, as an analyst described "common anxiety" among major Taiwanese chip makers. The chip sector, as measured by the Philadelphia Semiconductor Index, fell 1.96 points or 0.54 percent in afternoon trading, while the Nasdaq Composite Index rose 0.65 percent. http://www.ibtimes.com/articles/20080312/sector-snap-semiconductors-down.htm Wed, 12 Mar 2008 12:56:58 EDT The French government can give a $104 million research grant to chipmaker STMicroelectronics NV and glassmaker Saint-Gobain to develop new micro-cameras for mobile phones, the European Commission said Thursday. http://www.ibtimes.com/articles/20080131/french-grant-for-micro-cameras-approved.htm Thu, 31 Jan 2008 08:20:45 EST