Earnings: Semiconductor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Earnings: Semiconductor

INTC 37.86

-4.1%

12:35 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 2MAR$ who wrote (101)	12/13/2001 3:18:38 AM
From: 2MAR$	of 266

Macrovision plunges,($37-$32) App. Materials slips NEW YORK, Dec 12 (Reuters) - The shares of Macrovision Corp. (NasdaqNM:MVSN - news) tumbled sharply in extended hours trading on Tuesday, after the company became the latest to re-state earnings at the lower end of analysts' estimates. Macrovision's stock dropped to $32.01 in after-hours trading, well below its regular session closing level of $37.80. The Sunnyvale, Calif.-based supplier of copy protection technologies said it expected its business environment to remain ``challenging'' through the first half of the year. Applied Materials Inc. (NasdaqNM:AMAT - news) also saw active trading in the extended session, after the world's biggest maker of semiconductor-manufacturing equipment said it would reduce its workforce by 10 percent. Its stock price hit $44.40, from its regular close at $44.87. Elsewhere, the stock of McGraw Hill (NYSE:MHP - news) was steady at its closing price of $58.05 after it announced it would cut 5 percent of its workforce, and would absorb a pre-tax restructuring charge of $159 million.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next