Zynga’s success in social network games on Facebook is attracting competition, including Electronic Arts. Zynga became a publicly traded company today. (Dec. 16, 2011)
Adobe Systems beats Wall Street views in Q4, but faces headwinds ahead in digital media and digital marketing sectors. (Dec. 15, 2011)
Adobe Systems is in “perpetual fix it” mode, one analyst says. (Dec. 15, 2011)
Lam Research to buy rival Novellus Systems in an all-stock deal worth $3.3 billion that will create a major rival for No. 1 chip gear maker Applied Materials. (Dec. 14, 2011)
Best Buy missed Q3 forecasts because it had to price aggressively to compete with Amazon, Costco and Wal-Mart this holiday shopping season. (Dec. 13, 2011)
Best Buy shares fall 12% after the consumer electronics retailer misses Q3 profit and revenue estimates. (Dec. 13, 2011)
Intel lowers its Q4 sales outlook on hard-disk drive supply, but does seem to have some trends in its favor. (Dec. 12, 2011)
Days after Texas Instruments and Altera cut their revenue outlook for the current quarter, chip giant Intel followed suit with its own sales warning, blaming the global shortage of hard disk drives. (Dec. 12, 2011)
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