News
Seagate Q3 profit boosted by higher margins
www.reuters.com
[Reuters] - * Q3 adj EPS $2.64 vs estimate of $2.11 * Boosted by higher margins following Thai floods * Production returning to normal, however * Q3 revenue up 63 pct to $4.45 bln By Himank Sharma April 17 (Reuters) - Higher hard drive prices boosted Seagate
UBS Canada unit reports 'inadvertent' trading
ca.reuters.com
[Reuters Canada] - Late last year, UBS had reported unauthorized deals by a "rogue" trader at its London unit that cost the bank about $2 billion in losses. (Reporting by Himank Sharma in Bangalore; Editing by Roshni Menon)
MIPS Technologies shares surge on sale report
www.reuters.com
[Reuters] - When contacted, a MIPS spokeswoman said the company does not respond to market rumors. Shares of the company, which has a market capitalization of $ million, were up 24 percent at $6.42 on the Nasdaq. (Reporting by Himank Sharma in Bangalore;
SanDisk sees weak demand, pricing hurting rev, margins
www.reuters.com
[Reuters] - By Himank Sharma (Reuters) - Flash-memory maker SanDisk Corp warned that weak demand from mobile phone manufacturers and a glut in supply that has led to lower prices are hurting its revenue and margins, sending its shares down 7 percent in
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