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Marvell warns of Thailand flood impact

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Marvell Technology Group Ltd posted a 24 percent slide in third-quarter net profit and warned on Thursday that widespread flooding in Thailand may hurt demand for hard-drive controllers.
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NetApp sees Q3 profit below Street, shares fall

Data storage equipment maker NetApp Inc reported a 6 percent dip in fiscal second-quarter profit and forecast lower than expected results for the current quarter as large corporations trim technology spending in a shaky economy.
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Japan banks struggle; Mizuho to cut 3,000 jobs

Mizuho will cut 3,000 jobs as Japanese banks battle weak demand for credit at home and a tough global growth environment, which saw half-year profits at the lender and smaller rival Sumitomo Mitsui fall by a quarter.
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Japan ends recession as quake scars heal; outlook dim

Japan's economy rebounded as expected in the third quarter from a recession triggered by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook.
Obama Leaving For Asia Summit

Obama Embarks upon Week of Diplomacy in Asia

After the announced drawdown of troops from the Middle East, the Eurozone crisis, and a G-20 summit that lacked spectacular developments, the Obama administration is hoping enhanced economic ties with the Pacific Rim will open a fruitful venue for enduring growth.
NVIDIA President and CEO Jen-Hsun Huang gives a demonstration during his keynote address at the GPU Technology Conference in San Jose

Chipmaker Nvidia's Quarterly Results Beats Street

Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected.
A pedestrian walks past the Cisco logo at the technology company's campus in San Jose

Cisco Q2 Beats Cautious Street View

Cisco Systems Inc forecast revenue and earnings above Wall Street expectations as demand from government and enterprises for its network equipment remained resilient despite global economic troubles.
Man looks at an electronic board displaying stock prices outside a brokerage in Tokyo

Japan Corporate Orders and Mood Sink; Tough Q4 Seen

A key gauge of Japan's corporate capital spending fell more than expected in September and manufacturers expect a further drop this quarter as business confidence sags in the face of the strong yen and slowing global growth.
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Japan corporate orders, mood sink; tough Q4 seen

A key gauge of Japan's corporate capital spending fell more than expected in September and manufacturers expect a further drop this quarter as business confidence sags in the face of the strong yen and slowing global growth.

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