manufacturing

Toshiba $18 Billion Chip Sale with Bain Group Completed

Toshiba $18 Billion Chip Sale with Bain Group Completed

Japan's Toshiba Corp. announced on Friday it has completed an $18 billion chip unit sale with a group of businesses spearheaded by U.S. private equity firm Bain Capital.The 2 trillion yen ($18 billion) memory chip deal missed many earlier deadli..

AMD Shares Skyrocket After Topping Q1 Estimate

AMD Shares Skyrocket After Topping Q1 Estimate

AMD Inc. (NASDAQ: AMD) announced its first quarter financial results after the closing bell on Wednesday and topped Wall Street’s estimates in both revenue and earnings. Shares rose by 12.46 percent during Thursday’s pre-market hour..

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Major Asian chip manufacturer, Taiwan Semiconductor Manufacturing (NYSE: TSM) reported weaker than expected financial results for its first quarter results, which led to it lowering its second quarter and full year guidance. The downgrade caused a s..

Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Inc. (NASDAQ: TSLA) shares rose by over 7 percent during Tuesday’s pre-market hours after the electric vehicle manufacturer reported stronger than expected first quarter vehicle production numbers.In the first quarter, Tesla produced 34,..

Sanofi Beats Novo Nordisk for Ablynx Acquisition

Sanofi Beats Novo Nordisk for Ablynx Acquisition

French drug maker Sanofi (NYSE: SNY) has entered into an agreement to acquire Ablynx for 3.9 billion euros or 45 euros per share ($4.8 billion), beating Novo Nordisk’s bid. Under the agreement, Sanofi will acquire all outstanding shares, ..

Microsoft pauses AMD Processor Updates on Errors

Microsoft pauses AMD Processor Updates on Errors

Microsoft Corp. (NASDAQ: MSFT) paused patches to prevent Meltdown and Spectre security threats for computer running on Advanced Micro Devices, Inc. (NASDAQ: AMD) processor chips after receiving many complaints about display errors or freezes.In Micr..

Ford With Plans to Release Diesel Option for F-150

Ford With Plans to Release Diesel Option for F-150

Ford Motor Company (NYSE: F) has announced plans to release a diesel engine version of their best selling F-150 pickup truck this spring. Ford executives said the diesel model of the F-150 is expected to get 30 miles per gallon fuel efficiency on th..