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Applied Materials Sees Significant Growth in Short Interest
2015-10-30 05:01:33| Semiconductors - Topix.net
Applied Materials was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 32,831,831 shares, a growth of 21.2% from the September 30th total of 27,097,600 shares, Marketbeat.com reports.
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UPDATE 2-Chipmaker ST sees worsening market conditions for two more quarters
2015-10-29 16:36:00| Semiconductors - Topix.net
Franco-Italian chipmaker STMicroelectronics on Thursday posted weaker-than-expected quarterly results and said lower spending in China, especially on autos, had led it to cut back its manufacturing plans and reduce its fourth-quarter outlook. Europe's largest semiconductor maker reported third-quarter net revenue of $1.76 billion , a decline of 6.5 percent from the year-ago quarter.
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Nippon Steel sees Oct-Mar crude steel output of 21.70 mln tonnes
2015-10-29 08:28:36| Steel - Topix.net
Oct 29 Nippon Steel & Sumitomo Metal , the world's second-biggest steelmaker, said on Thursday it plans to produce 21.70 million tonnes of crude steel on a parent basis in the October-March half-year, against 22.08 million tonnes a year earlier. Slumping steel prices in Asia, hit by massive exports from China, and soft demand at home due to slack consumption of cars and houses have forced major steelmakers like Nippon Steel and JFE Steel, a unit of JFE Holdings, to trim output this year.
Ballard posts big third-quarter loss but sees a rosier future
2015-10-29 03:58:24| Electronics - Topix.net
Princess Astrid of Belgium, centre, listens to a presentation at hydrogen fuel cell manufacturer Ballard Power Systems in Burnaby Tuesday. While auto manufacturers such as Mercedes and Toyota have been grabbing headlines on the more glamorous side of the hydrogen fuel-cell sector, it is proving to still be a tougher business for fuel-cell manufacturer Ballard Power Systems, which recorded another multi-million-dollar loss in the third quarter of 2015.
Arca Continental sees strong Q3, toasts Peru entry
2015-10-28 12:16:00| Daily beverage news and comment - from just-drinks.com
Arca Continental, the second-largest Coca-Cola bottler in Latin America, has reported a strong third quarter and year-to-date.
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