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Micron Revenue Misses on Weak Demand, Lower Prices

2015-12-23 00:32:16| Semiconductors - Topix.net

Memory chipmaker Micron Technology Inc reported a bigger-than-expected fall in quarterly revenue, hurt by weak demand for chips used in personal computers and as average selling prices fell. Shares of the company, which makes DRAM and NAND flash memory chips, fell 3.3 percent to $14.13 in extended trading on Tuesday.

Tags: prices lower demand revenue

Micron Revenue Misses on Weak Demand, Lower Prices

2015-12-23 00:28:22| Electronics - Topix.net

Tags: prices lower demand revenue

Mid-Afternoon Market Update: Dow Jumps Over 150 Points; Steelcase Shares Dip Following Weak Results

2015-12-22 22:42:27| Furniture - Topix.net

Toward the end of trading Tuesday, the Dow traded up 0.90 percent to 17,407.65 while the NASDAQ climbed 0.56 percent to 4,996.91. The S&P also rose, gaining 0.79 percent to 2,037.05.

Tags: results market points update

Here's another sign that the iPhone could have a weak quarter...

2015-12-17 04:40:12| Electronics - Topix.net

According to market-research firm Stifel, Apple supplier Jabil Circuit has lowered its guidance for its current quarter, which ends in February 2016. According to the note, Jabil's revenue forecast implies a 23% sequential decline in its Diversified Manufacturing Services segment, the unit that's largely responsible for making the iPhone's casings.

Tags: sign quarter weak iphone