Tag Archives: NYSE:STM

STMicroelectronics (NYSE:STM) Post Loss in First Quarter as Revenue Tumbles – STM, ERIC, TXN, ONNN

The Geneva, Switzerland-based STMicroelectronics NV (ADR) (NYSE:STM) announced a loss in fiscal first quarter that narrowed from previous year, as the company shored up margins, offsetting a drop in revenues.

Loss for the three months period was lower when evaluated …

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STMicroelectronics (NYSE:STM) Inks $450 Million Load Pact with European Investment Bank

STMicroelectronics NV (ADR) (NYSE:STM) made a loan accord with the European Investment Bank to support its finances. The Geneva-based semiconductor maker previous week decided to break up its unprofitable ST-Ericsson chip venture with Ericsson AB.

STMicroelectronics reported a statement on …

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STMicroelectronics SA (NYSE:STM) Chief Moving Down, Genworth Financial Inc. (NYSE:GNW) Rallies on Monday Morning

Franco-Italian semiconductor manufacturer STMicroelectronics SA (NYSE:STM) on Monday reported that Didier Lamouche would move down from his responsibility as chief executive of the group’s chip-making JV ST-Ericsson at the conclusion of the month.

Mr. Lamouche, who has been CEO of …

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Telecom Italia (NYSE:TI) Post Narrower Loss in Fiscal Year 2012

Telecom Italia S.p.A. (ADR) (NYSE:TI) announced a loss for fiscal year 2012 on Thursday that narrowed from previous year on lower goodwill write-downs. But, revenues for the year plunged from year ago, showing lower revenues at the Italian telecom company’s …

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OmniVision (NASDAQ:OVTI) Post Higher Profit on Strong Revenue – OVTI, VIMC, TSRA, STM

OmniVision Technologies, Inc (NASDAQ:OVTI) reported earnings moved up in fiscal Q3 as the company’s revenue over doubled.

But, shares of the chip maker tumbled 9.2% to settle at $14 in extended trading session as the company’s fiscal Q4 guidance was …

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Microchip (NASDAQ:MCHP) Board Awards Quarterly Dividend; Lifts Guidance – MCHP, ATML, TXN, STM

Microchip Technology Inc (NASDAQ:MCHP), a major provider of microcontroller, mixed-signal, analog and Flash-IP solutions, reported that fiscal Q3 profit moved down 87 percent on acquisition-related fees and other costs, masking a boost in revenue.

The corporation projects core EPS of …

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