International Business News - ZRAN 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 Among the stock activity stories for Tuesday, July 29, from AP Financial News: NEW YORK (AP)--Merrill Lynch & Co. shares fell sharply Tuesday after the brokerage announced it would take a $5.7 billion write-down in the third quarter and unload a large slice of risky mortgage-backed securities. http://www.ibtimes.com/articles/20080729/movers-roundup-merrill-lynch-zoran.htm Tue, 29 Jul 2008 14:26:07 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 Zoran Corp. sank to a new year low Tuesday, a day after the chipmaker reported a second-quarter loss and issued weaker-than-expected guidance for the current third quarter. http://www.ibtimes.com/articles/20080729/zoran-shares-hit-year-low-on-weak-3rd-qtr-outlook.htm Tue, 29 Jul 2008 19:45:01 EDT Among the earnings stories for Monday, July 28, from AP Financial News: THOUSAND OAKS, Calif. (AP)_ Amgen Inc.'s second-quarter profit slipped 7.6 percent as a series of restructuring and other charges further stunted a second quarter already hit by a continued decline in anemia drug sales. http://www.ibtimes.com/articles/20080728/earnings-roundup-amgen-hartford-financial.htm Mon, 28 Jul 2008 19:56:24 EDT Among the earnings projection stories for Monday, July 28, from AP Financial News: THOUSAND OAKS, Calif. (AP)_ Amgen Inc. raised its full-year outlook Monday, citing a stable first half of 2008, despite continued sales declines from its anemia drugs. http://www.ibtimes.com/articles/20080728/outlook-roundup-amgen-plum-creek-timber.htm Mon, 28 Jul 2008 19:46:16 EDT Zoran Corp., which makes chips used in DVD players, home theater systems and other products, said Monday expects third-quarter revenue below Wall Street's expectations amid a slowdown in consumer spending. http://www.ibtimes.com/articles/20080728/zoran-calls-3q-outlook-cautious.htm Mon, 28 Jul 2008 17:05:03 EDT Zoran Corp., which makes chips used in DVD players, home theater systems and other products, said Monday it fell to a loss in the second quarter on a slew of charges and a substantially higher tax rate. http://www.ibtimes.com/articles/20080728/zoran-falls-to-2q-loss-sales-slip.htm Mon, 28 Jul 2008 16:59:46 EDT Zoran Corp., which makes chips for DVD players and multimedia systems, said Thursday that the U.S. District Court has granted preliminary approval of a settlement for a shareholder derivative lawsuit. http://www.ibtimes.com/articles/20080612/zoran-gets-preliminary-approval-to-settle-lawsuit.htm Thu, 12 Jun 2008 16:55:22 EDT Shares of semiconductor companies swooned Wednesday after an industry trade group reduced its sales growth forecast for 2008. In afternoon trading, the Philadelphia Semiconductor Sector Index was down 7.84, or 2 percent, to 387.42. The broader markets retreated as well, with the Dow Jones industrial average slipping 1 percent and the Nasdaq 100 losing nearly 2 percent. http://www.ibtimes.com/articles/20080611/sector-snap-chip-makers-fall-on-sales-outlook-cut.htm Wed, 11 Jun 2008 13:05:34 EDT Advanced Micro Devices Inc. led semiconductor stocks higher for a second straight day Thursday after the No. 2 processor maker introduced a new package of chips for laptops and larger rival Intel Corp. was hit with a legal setback in South Korea. http://www.ibtimes.com/articles/20080605/sector-snap-amd-leads-chip-stocks-higher-again.htm Thu, 05 Jun 2008 14:36:08 EDT Among the stock activity stories for Thursday, June 5, from AP Financial News: NEW YORK (AP)--Shares of Syniverse Holdings Inc., which provides wireless services to telecommunications companies, fell sharply Thursday after two of the company's major customers, Verizon Communications Inc. and Alltel Corp., announced plans to merge. http://www.ibtimes.com/articles/20080605/movers-roundup-syniverse-cache.htm Thu, 05 Jun 2008 14:19:12 EDT Shares of Zoran Corp. rose Thursday after the maker of chips for video devices said it would buy a Paris-based fabless semiconductor company. Meanwhile, a Lazard Capital Markets analyst upgraded the stock on valuation and the possibility of market share growth in televisions and handsets. http://www.ibtimes.com/articles/20080605/zoran-shares-rise-on-let-it-wave-buy-upgrade.htm Thu, 05 Jun 2008 17:51:39 EDT The chip sector fell Friday, hurt in part by a possible post-earthquake downturn in China. The chip sector, as measured by the Philadelphia Semiconductor Index, fell 4.25 points or 1 percent to 415.47 in midday trading. http://www.ibtimes.com/articles/20080516/chip-stocks-down-on-possible-chinese-downturn.htm Fri, 16 May 2008 13:52:03 EDT Among the premarket stories for Monday, May 12, from AP Financial News: NEW YORK (AP) _ After FedEx Corp. cut its fiscal 2008 forecast this weekend, analysts said higher fuel costs and decreased demand will weaken the shipping company's profit into fiscal 2009 as well. http://www.ibtimes.com/articles/20080512/premarket-roundup-fedex-dollar-tree.htm Mon, 12 May 2008 09:49:45 EDT Among the earnings stories for Monday, April 21, from AP Financial News: WILMINGTON, Del. (AP) _ Paint thickener and paper chemicals maker Hercules Inc. reported sharply lower first-quarter profit on Monday, compared with year-ago results boosted by a hefty gain on the settlement of an IRS audit. http://www.ibtimes.com/articles/20080421/earnings-roundup-hercules-halliburton.htm Mon, 21 Apr 2008 19:00:49 EDT Among the earnings projection stories for Monday, April 21, from AP Financial News: FORT COLLINS, Colo. (AP) _ Woodward Governor Co., which makes energy control products, said Monday its previous investments will likely help sales grow and guided its fiscal year above Wall Street's estimates. http://www.ibtimes.com/articles/20080421/outlook-roundup-woodward-governor-ferro.htm Mon, 21 Apr 2008 18:55:50 EDT Zoran Corp., which makes chips for DVD players and multimedia systems, predicted Monday that its second-quarter revenue will beat analysts' expectations. http://www.ibtimes.com/articles/20080421/zoran-predicts-2q-revenue-will-beat-expectations.htm Mon, 21 Apr 2008 17:24:39 EDT Chip maker Zoran Corp. said Wednesday it plans to repurchase up to $100 million of its outstanding common stock. Based on the company's Wednesday closing stock price of $13.69, the buyback represents about 7.3 million shares, or 14 percent of the company's 51 million outstanding shares. http://www.ibtimes.com/articles/20080305/zoran-plans-100-million-buyback.htm Wed, 05 Mar 2008 16:51:50 EST Among the earnings projection stories for Monday, Jan. 28, from AP Financial News: SEATTLE (AP) _ Plum Creek Timber Co. on Monday issued a first quarter and full year 2008 outlook below current Wall Street predictions, saying it expects the residential construction slump to continue. http://www.ibtimes.com/articles/20080128/outlook-roundup-plum-creek-timber-zoran.htm Mon, 28 Jan 2008 17:58:35 EST