Semiconductor manufacturing equipment maker Novellus Systems Inc. said it will not change its earnings forecast for the current quarter, and will not hold a conference call with investors to update them on the quarter. The company said Tuesday it will not hold the call because of its pending merger with Lam Research Corp.
Business
Novellus Systems leaves 1Q guidance unchanged
Semiconductor manufacturing equipment maker Novellus Systems Inc. said it will not change its earnings forecast for the current quarter, and will not hold a conference call with investors to update them on the quarter. The company said Tuesday it will not hold the call because of its pending merger with Lam Research Corp.
Former Iceland central bank chief warned of looming crisis
REYKJAVIK (Reuters) - Iceland's former central bank chief had warned about the country's over-sized banks before they went bust in 2008, he said Tuesday at the trial of a former prime minister for failing to prevent the crisis. David Oddsson was speaking on the second day of witness hearings at the trial of Geir Haarde, the only political leader to face prosecution over the crisis that hit the world economy. He has denied the charges. Iceland's top three banks all collapsed in late 2008 after years of debt-fuelled expansion. ...
Treasury prices rise as global stock markets sink
Treasurys rallied Tuesday as investors rushed into safe assets to avoid turmoil on global stock markets.
Treasury prices rise as global stock markets sink
Treasurys rallied Tuesday as investors rushed into safe assets to avoid turmoil on global stock markets.
No budget giveaways in store - Osborne
LONDON (Reuters) - There will be no scope for any unfunded giveaways in this year's Budget, Chancellor George Osborne will say on Tuesday, warning that Britain needs to keep the trust of financial markets by sticking to its deficit reduction plan. Osborne is facing growing calls from within the coalition government to ease up on the pace of fiscal consolidation to boost the faltering economy, and cut taxes to stimulate growth in his March 21 Budget. ...
No budget giveaways in store - Osborne
LONDON (Reuters) - There will be no scope for any unfunded giveaways in this year's Budget, Chancellor George Osborne will say on Tuesday, warning that Britain needs to keep the trust of financial markets by sticking to its deficit reduction plan. Osborne is facing growing calls from within the coalition government to ease up on the pace of fiscal consolidation to boost the faltering economy, and cut taxes to stimulate growth in his March 21 Budget. ...
No budget giveaways in store - Osborne
LONDON (Reuters) - There will be no scope for any unfunded giveaways in this year's Budget, Chancellor George Osborne will say on Tuesday, warning that Britain needs to keep the trust of financial markets by sticking to its deficit reduction plan. Osborne is facing growing calls from within the coalition government to ease up on the pace of fiscal consolidation to boost the faltering economy, and cut taxes to stimulate growth in his March 21 Budget. ...
Solid job gains eyed in February
WASHINGTON (Reuters) - The economy likely recorded a third month of solid job gains in February, which could further reduce the chances of additional monetary stimulus from the Federal Reserve. Employers probably added 210,000 jobs to their payrolls last month, according to a Reuters survey, after creating 243,000 new positions in January. The unemployment rate is expected to have held at a three-year low of 8.3 percent. ...
Page 22 of 383