International Business News - Technology 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 Thirteen law enforcement agencies in the two-state Kansas City metropolitan area are teaming up for a project to share information about crimes and criminals more easily. http://www.ibtimes.com/articles/20080723/kansas-area-police-start-crime-information-project.htm Wed, 23 Jul 2008 11:18:17 EDT Linear Technology Corp., which makes chips that convert analog signals into digital ones for use in electronic devices, said Tuesday that quarterly profit grew 8 percent as sales of its array of products continued to climb. Fears that a weakening U.S. economy would hurt business drove the stock price down, however. http://www.ibtimes.com/articles/20080722/linear-technology-4q-profit-beats-estimates.htm Tue, 22 Jul 2008 18:40:34 EDT Hard-drive maker Seagate Technology guided its fiscal first-quarter profit well below Wall Street's expectations on Tuesday. For the fiscal first quarter ending in September, the company expects to earn 18 cents to 22 cents per share on revenue of $3.15 billion to $3.3 billion. http://www.ibtimes.com/articles/20080715/seagate-technology-guides-fiscal-1q-below-street.htm Tue, 15 Jul 2008 19:08:00 EDT Hard-drive maker Seagate Technology said Tuesday its fiscal fourth-quarter earnings dropped sharply over the year-ago period, which was helped by a large tax gain. http://www.ibtimes.com/articles/20080715/seagate-technology-4q-profit-dips-without-tax-gain.htm Tue, 15 Jul 2008 19:01:49 EDT DRS Technologies Inc., which makes electronics, communications systems and other technology for the military, said Tuesday it received an additional $56 million contract from the Army for a key part on an armed reconnaissance helicopter. http://www.ibtimes.com/articles/20080715/drs-gets-56m-contract-for-work-on-army-helicopter.htm Tue, 15 Jul 2008 10:46:29 EDT The president and chief executive of chip maker Microchip Technology Inc. received compensation valued at $4.2 million in the fiscal year ended March 31, a 25 percent decrease from the previous year, according to a regulatory filing Friday. http://www.ibtimes.com/articles/20080711/microchip-technology-ceo-gets-4-2m-in-fiscal-2008.htm Fri, 11 Jul 2008 15:37:23 EDT Shares of Amkor Technology Inc. fell sharply Friday after the chip packaging and testing services company reduced its second-quarter revenue guidance below analyst estimates. http://www.ibtimes.com/articles/20080711/amkor-tech-shares-plunge-on-2q-sales-outlook-cut.htm Fri, 11 Jul 2008 18:27:37 EDT Lithium battery maker Valence Technology Inc. said Friday its Chief Financial Officer Galen Fischer has resigned effective July 23 after less than five months with the company. http://www.ibtimes.com/articles/20080711/valence-technology-cfo-resigns-after-5-months.htm Fri, 11 Jul 2008 09:49:15 EDT For apple growers like Abby Jacobson, making or losing money depends as much on what they don't do as what they do. So when data from Michigan State University's high-tech weather monitoring network helped her decide to skip four costly chemical sprayings this spring, she considered it an unqualified success. http://www.ibtimes.com/data/articleimgs/89681-farm-scene-wireless-technology.jpg http://www.ibtimes.com/articles/20080711/remote-weather-stations-give-farmers-timely-advice.htm http://www.ibtimes.com/articles/20080711/remote-weather-stations-give-farmers-timely-advice.htm Fri, 11 Jul 2008 11:22:10 EDT Microchip assembly and test company Amkor Technology Inc. on Thursday lowered its second-quarter revenue guidance, citing disruptions in production from the implementation of an enterprise resource planning system at its Philippines facilities. http://www.ibtimes.com/articles/20080710/amkor-technology-lowers-2q-revenue-guidance.htm Thu, 10 Jul 2008 19:08:06 EDT Hawaii Gov. Linda Lingle has released $300,000 to the Maui Economic Development Board. The money will be used to develop a center that will provide science, technology, engineering and math education to Maui County's work force. http://www.ibtimes.com/articles/20080710/hawaii-governor-releases-funds-for-tech-training.htm Thu, 10 Jul 2008 12:55:55 EDT GSI Group Inc., which makes lasers, scanners and other products for the medical, chip and aerospace markets, said Thursday it will pay $347.5 million in cash for Excel Technology Inc. in a move to double its profit and expand market share. http://www.ibtimes.com/articles/20080710/gsi-group-to-buy-excel-tech-for-32-per-share.htm Thu, 10 Jul 2008 07:16:06 EDT Medical technology stocks gained ground Wednesday after a Citi Investment Research analyst said opportunities remain in a challenging sector as he sifted through the companies ahead of their quarterly results. http://www.ibtimes.com/articles/20080709/sector-snap-medical-technology.htm Wed, 09 Jul 2008 15:13:06 EDT Shares of Mattson Technology Inc. fell to their lowest price in nearly five years Wednesday after the semiconductor manufacturing equipment maker cut its second-quarter guidance, citing market weakness. http://www.ibtimes.com/articles/20080709/mattson-technology-shares-drop-after-outlook-cut.htm Wed, 09 Jul 2008 18:17:42 EDT Shares of Investment Technology Group Inc. tumbled Wednesday after the provider of electronic trading tools said June trading volume rose 5 percent and non-U.S. earnings will range between 2 cents and 3 cents per share for the second quarter. http://www.ibtimes.com/articles/20080709/itg-shares-fall-analyst-cuts-estimates.htm Wed, 09 Jul 2008 18:25:07 EDT Investment Technology Group Inc., a provider of electronic trading tools, said Wednesday average daily trading volume in June rose 5 percent on increased market volatility. http://www.ibtimes.com/articles/20080709/itg-june-trading-volume-rises-5-percent.htm Wed, 09 Jul 2008 09:05:42 EDT Semiconductor manufacturing equipment maker Mattson Technology Inc. lowered its second-quarter guidance Tuesday, saying ongoing weakness in the semiconductor market led to lower shipments to some major memory customers. http://www.ibtimes.com/articles/20080708/mattson-technology-lowers-2q-outlook-shares-fall.htm Tue, 08 Jul 2008 17:44:06 EDT The chief executive and president of Hi-Shear Technology Corp., which designs and makes products for the aerospace industry and military, sold 819 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080630/hi-shear-technology-ceo-sells-shares.htm Mon, 30 Jun 2008 17:15:34 EDT Electronic components maker Avnet Inc. said Monday its offer to buy Horizon Technology Group PLC has been declared unconditional, allowing the deal to proceed. http://www.ibtimes.com/articles/20080630/avnet-to-proceed-with-horizon-acquisition.htm Mon, 30 Jun 2008 09:12:03 EDT Six companies in the technology sector are being to be added to the Russell 1000 in this year's reconstitution of the large-stock index, while three in the sector are being removed. http://www.ibtimes.com/articles/20080630/russell-1000-adds-6-technology-stocks.htm Mon, 30 Jun 2008 09:02:01 EDT