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Marvell beats Street but posts weak outlookSAN FRANCISCO (Reuters) - Diversified U.S. chipmaker Marvell Technology Group Ltd gave a conservative outlook for the third quarter, sending shares lower, even after it posted better-than-expected profit helped by increased sales in the wireless and storage sectors.
28-08-2008 20:18:33 | read news »
Boeing makes "best and final offer" to unionNEW YORK (Reuters) - Boeing Co said on Thursday it made its "best and final" contract offer to its largest labor union, including concessions the aerospace manufacturer hopes will help avert a strike.
28-08-2008 19:43:46 | read news »
Dell profits disappoint as tech spending weakensSAN FRANCISCO (Reuters) - Dell Inc posted a surprisingly steep drop in quarterly earnings on Thursday and said companies around the world are cutting back on technology spending, sending its shares tumbling 10 percent and sparking fears of weakness in the whole tech sector.
28-08-2008 19:16:25 | read news »
Economy shows vigor in Q2, but seen flaggingWASHINGTON (Reuters) - Strong exports and consumer spending supported by government stimulus checks drove the U.S. economy up at a solid 3.3 percent annual rate in the second quarter, much faster than first thought, but growth is expected to flag as those factors fade.
28-08-2008 17:43:18 | read news »
Toyota cuts sales forecast as demand sputtersTOKYO (Reuters) - Toyota Motor Corp, the world's most profitable carmaker, cut its 2009 vehicle sales forecast by nearly 7 percent due to a severe downturn in Western markets driven by high fuel prices and a credit crunch.
28-08-2008 02:55:44 | read news »
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