International Business News - industry 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 Friday, May 16, from AP Financial News: NEW YORK (AP) _ Shares of wireless network component maker Finisar Corp. jumped Friday after analysts lauded its $212 million buyout of telecommunications component maker Optium Corp., and its better-than-anticipated fourth-quarter outlook. http://www.ibtimes.com/articles/20080516/movers-roundup-finisar-cash-america.htm Fri, 16 May 2008 18:16:55 EDT Semiconductor maker Ixys Corp. on Friday made an unsolicited offer to buy Zilog Inc. for $4.50 per share, a 9 percent premium over Zilog stock's $4.14 closing price. http://www.ibtimes.com/articles/20080516/ixys-makes-4-50-per-share-offer-for-zilog.htm Fri, 16 May 2008 18:10:33 EDT Shanghai-based Internet portal operator Sina Corp. said Friday it launched an English news site intended to offer China-related current events coverage and content. http://www.ibtimes.com/articles/20080516/sina-launches-china-news-web-site-in-english.htm Fri, 16 May 2008 16:52:02 EDT The tech sector's attention was captured by two major deals this week, as Hewlett-Packard Co. said it will buy Electronic Data Systems Corp. for $13.2 billion and CBS Corp. agreed to acquire CNET Networks Inc. for $1.8 billion. http://www.ibtimes.com/articles/20080516/tech-roundup-hp-nabs-eds-cbs-grabs-cnet.htm Fri, 16 May 2008 16:29:55 EDT The chief executive and president of design software maker Autodesk Inc. exercised options 10,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Thursday. http://www.ibtimes.com/articles/20080516/autodesk-ceo-exercises-options.htm Fri, 16 May 2008 16:18:18 EDT The senior vice president and general manager of communication-equipment maker Polycom Inc. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080516/polycom-senior-vice-president-exercises-options.htm Fri, 16 May 2008 16:01:32 EDT Shares of wireless network component maker Finisar Corp. jumped Friday after analysts lauded its $212 million buyout of telecommunications component maker Optium Corp., and its better-than-anticipated fourth-quarter outlook. http://www.ibtimes.com/articles/20080516/finisar-jumps-on-4q-sales-outlook-optium-deal.htm Fri, 16 May 2008 17:09:00 EDT The chief technology officer of Qualcomm Inc., which makes semiconductors for wireless products, exercised options for 320,000 shares of common stock, according to filings with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080516/qualcomm-technology-chief-exercises-options.htm Fri, 16 May 2008 15:56:24 EDT American Depositary Shares of China Finance Online rose on Friday, after the online financial information company hiked its first-quarter sales outlook on growth in a business segment. http://www.ibtimes.com/articles/20080516/adrs-in-focus-china-finance-online-up-on-outlook.htm Fri, 16 May 2008 15:47:24 EDT TriZetto Group Inc. said Friday a member of its board, Thomas B. Johnson, died on Tuesday. Johnson had been a director since March 2003 and chaired the board's audit committee. http://www.ibtimes.com/articles/20080516/trizetto-group-director-thomas-b-johnson-dies.htm Fri, 16 May 2008 15:35:55 EDT Bill Gates, the chairman of software company Microsoft Corp., sold 2 million shares of common stock, according to Securities and Exchange Commission filings Thursday. http://www.ibtimes.com/articles/20080516/microsoft-chairman-bill-gates-sells-2m-shares.htm Fri, 16 May 2008 14:18:32 EDT Shares of Exar Corp. declined Friday after the semiconductor maker late Thursday said it swung to a fiscal fourth-quarter loss on a hefty charge related to an acquisition. http://www.ibtimes.com/articles/20080516/exar-swings-to-fiscal-4th-quarter-loss-on-charge.htm Fri, 16 May 2008 14:12:21 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 Former satellite TV provider EchoStar Corp. on Sunday will demonstrate its first product for cable companies at the industry's trade show: a unit that can tune in television and act as a cable modem. http://www.ibtimes.com/data/articleimgs/47656-cable-show-sling-media.jpg http://www.ibtimes.com/articles/20080516/echostar-to-showcase-first-product-for-cable.htm http://www.ibtimes.com/articles/20080516/echostar-to-showcase-first-product-for-cable.htm Fri, 16 May 2008 17:27:18 EDT After running one of Silicon Valley's powerhouse companies for six years, Carly Fiorina now has her sights set on the White House. Not for her _ not yet, at least. But for John McCain. http://www.ibtimes.com/data/articleimgs/47453-mccain-businesswoman.jpg http://www.ibtimes.com/articles/20080516/fiorinas-new-role-trades-on-time-at-hp.htm http://www.ibtimes.com/articles/20080516/fiorinas-new-role-trades-on-time-at-hp.htm Fri, 16 May 2008 14:26:05 EDT Yahoo Inc. is seeking to conceal large portions of a shareholder lawsuit alleging the Internet company's board improperly thwarted Microsoft Corp.'s $47.5 billion takeover offer, raising shareholder questions over the motives for the secrecy. http://www.ibtimes.com/articles/20080516/yahoo-seeks-to-conceal-parts-of-shareholder-suit.htm Fri, 16 May 2008 18:38:03 EDT An analyst raised his price target on Aruba Networks Inc. Friday, citing upcoming likely improvements in Aruba Networks Inc.'s products for certain sectors including education and warehousing. http://www.ibtimes.com/articles/20080516/analyst-boosts-aruba-networks-target-estimates.htm Fri, 16 May 2008 11:50:39 EDT Synopsys Inc., which makes electronic design automation software for chip makers, said Friday it closed its acquisition of Synplicity Inc. Synopsys agreed in March to buy Synplicity for $8 per share, or $223 million. http://www.ibtimes.com/articles/20080516/synopsys-closes-223-million-synplicity-purchase.htm Fri, 16 May 2008 11:19:46 EDT Shares of major microchip companies mostly fell with the wider technology market Friday morning, in part because of a new report that found consumer confidence has hit a 28-year low. http://www.ibtimes.com/articles/20080516/opening-glance-microchip-companies-mostly-fall.htm Fri, 16 May 2008 10:24:44 EDT Internet software and services stocks mostly dipped Friday morning, while the overall market declined a bit after oil prices hit a new high. How key Internet software and services stocks performed Friday morning: http://www.ibtimes.com/articles/20080516/opening-glance-internet-software-services.htm Fri, 16 May 2008 10:09:26 EDT