Apple supplier Cirrus slumps as pricing pressure grows

05/23/13 By Noel Randewich

SAN FRANCISCO (Reuters) - Shares of Apple <AAPL.O> supplier Cirrus Logic <CRUS.O> slumped 18 percent on Thursday after the chipmaker said in a filing it faces growing pricing pressure in the smartphone market.

Cirrus said in the filing it... ...Read More »

Wall Street drifts near record, Home Depot buoys Dow

05/21/13 By Rodrigo Campos

NEW YORK (Reuters) - Stocks were little changed in early trading on Tuesday with Home Depot at a record high and buoying the blue-chips while investors eyed congressional testimony from Fed chairman Ben Bernanke on Wednesday.

The housing market recov... ...Read More »

Wall Street to drift near record high, eyes on Fed

05/21/13 By Rodrigo Campos

NEW YORK (Reuters) - Stocks were set to open little changed on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Fed chairman Ben Bernanke on Wednesday.

... ...Read More »

Stock futures flat as market drifts near record high

05/21/13 By Rodrigo Campos

NEW YORK (Reuters) - Stock index futures were little changed on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Fed chairman Ben Bernanke on Wednesday.

... ...Read More »

Stock futures little changed as market drifts near record high

05/21/13 NEW YORK (Reuters) - Stock index futures slipped on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Fed chairman Ben Bernanke on Wednesday.

* The U.S. economic calendar is thin ... ...Read More »

A stretched Samsung chases rival Apple's suppliers

05/17/13 By Miyoung Kim

SEOUL (Reuters) - Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.

After costly... ...Read More »

A stretched Samsung chases rival Apple's suppliers

05/16/13 By Miyoung Kim

SEOUL (Reuters) - Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.

After costly... ...Read More »

Intel to Push Competitiveness in Mobile Arena

05/16/13 By Noel Randewich

SAN FRANCISCO (Reuters) - Intel Corp's new CEO Brian Krzanich said on Thursday that under his leadership the top chipmaker will be more responsive to customers in an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.

... ...Read More »

BlackBerry opens up messaging, unveils mid-tier smartphone

05/14/13 By Euan Rocha

ORLANDO, Florida (Reuters) - BlackBerry announced plans on Tuesday to offer its popular instant messaging system on rival devices and introduced a new mid-tier smartphone targeted at countries where its faded brand remains strong.

Tapping into its popula... ...Read More »

BlackBerry unveils new mid-tier smartphone

05/14/13 ORLANDO, Florida (Reuters) - BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard on Tuesday, the feature that still sets it apart from most rivals, and said its make-or-break new devices had put the company back on solid ground.

The Canadian company, which hopes... ...Read More »

Nokia's market share slumps in first quarter: Gartner

05/14/13 LONDON (Reuters) - Nokia, battling to keep up with Samsung and Apple in the global phone race, lost almost 5 percentage points of market share in the first quarter, research company Gartner said on Tuesday.

Overall global sales figures for mobile phones rose 0.7 percent in the first three ... ...Read More »