News: LSI Corporation (LSI.N)

LSI.N on New York Stock Exchange

5.57USD
10 Dec 2009
Price Change (% chg)

$0.00 (+0.00%)
Prev Close
$5.57
Open
$5.62
Day's High
$5.66
Day's Low
$5.49
Volume
1,698,700
Avg. Vol
6,248,011
52-wk High
$6.06
52-wk Low
$2.39

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Thu, Nov 19 2009

Chip stocks fall on BofA Merrill downgrades

BANGALORE (Reuters) - Semiconductor stocks fell sharply after BofA Merrill Lynch turned bearish on the industry and downgraded several chipmakers, including Intel Corp , citing a modest rise in inventories.

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UPDATE 4-Chip stocks fall on BofA Merrill downgrades

* Intel, AMD drop 5 percent; chip index down 4 percent (Adds details, analyst commentary, updates stock move)

BofA Merrill cuts '10 global semiconductor growth view

(Reuters) - BofA Merrill Lynch lowered its 2010 growth forecast for global semiconductor industry and downgraded ten chipmakers, including Intel Corp , turning more cautious on the group on expectations of a modest overshoot in global supply chain inventories.

UPDATE 2-Intel, chip stocks slide after M.Stanley downgrade

* Morgan Stanley downgrades include Xilinx, Micron, Nvidia

Intel, chip stocks slide after M.Stanley downgrade

SAN FRANCISCO (Reuters) - Shares of Intel Corp and other semiconductor makers slid on Tuesday after Morgan Stanley downgraded the sector, warning that inventory was creeping up and revenue growth could peak in early 2010.

UPDATE 1-Intel, chip stocks slide after M.Stanley downgrade

* Morgan Stanley downgrades include Xilinx, Micron, Nvidia

U.S. stock futures signal rebound; eyes on GDP data

* U.S. stock index futures pointed to a higher opening on Wall Street on Thursday as investors take a breather following the previous session's sharp selloff ahead of key GDP figures and a flurry of corporate earnings.

UPDATE 3-LSI results and outlook top Street, shares rise

* Shares up 7 pct (Adds CEO comments, additional background)

UPDATE 2-LSI results and outlook top Street, shares rise

* Shares up 4 pct (Adds analyst comment, background, byline)

AFTER THE BELL-Symantec, LSI shares gain

NEW YORK, Oct 28 (Reuters) - Shares of software maker Symantec Corp rose 6.7 percent after the close on Wednesday as it posted results, while LSI Corp gained 5.2 percent after results.

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