AMD says it will sell $500M in senior notes due 2017, and use funds to buy notes due in 2012
Advanced Micro Devices sells $500M in senior notes Intuitive Surgical’s da Vinci S system receives regulatory approval in Japan
Intuitive Surgical’s da Vinci S approved in Japan Aruba’s 1st-quarter loss grows as legal charge offsets higher sales but still tops estimates
Aruba’s 1Q loss grows on legal charge SUNNYVALE, Calif. — Aruba Networks Inc. posted a wider quarterly loss Thursday as one-time legal costs outweighed sales growth. After report of links to insider trading case, former AMD chief to leave current role
Former AMD chief leaves current job SUNNYVALE, Calif. — Hector Ruiz, former CEO of chip designer Advanced Micro Devices Inc., is leaving his job with a spinoff company after a published report linking him to the Galleon Group insider trading case. Silicon Image CEO resigns and search is under way for replacement; CFO named as COOSUNNYVALE, Calif. — Silicon Image Inc. said Monday that CEO Steve Tirado, who is 55, has resigned. Silicon Image lowers 3rd-quarter revenue outlookSUNNYVALE, Calif. — Silicon Image Inc. said Monday it would bring in less revenue in the third quarter than it previously expected. Palm raises number of shares in new public offering to 20 million, expects $313.1M in proceedsSUNNYVALE, Calif. — Palm Inc. on Wednesday raised the number of shares it will sell in a new public offering to 20 million from 16 million. Palm to sell 16 million shares in stock offer, use proceeds for working capitalSUNNYVALE, Calif. — Smart phone maker Palm Inc. said Thursday it plans to sell about 16 million of its shares in an offering. Palm 1st-quarter loss widens but adjusted results surpass Wall Street expectationsNEW YORK — Smart phone maker Palm Inc. on Thursday posted a wider fiscal first-quarter loss — its ninth in a row. Finisar reports sharply higher fiscal 1st-quarter profit, helped by revenue from acquisitionSUNNYVALE, Calif. — Finisar Corp., a maker of fiber-optic subsystems and other data networking equipment, said Thursday its fiscal first-quarter profit rose sharply, helped by an acquisition and stronger sales. Aruba Networks predicts 1st-qtr profit of 3 cents per share on record deferred revenuesSUNNYVALE, Calif. — Wireless networking technology maker Aruba Networks Inc. said Thursday it expects first-quarter adjusted earnings per share of 3 cents and revenue of $54 million to $56 million. SonicWall gets $500,000 cybersecurity contract from government agencySUNNYVALE, Calif. — Network security technology company SonicWall Inc. received a $500,000 contract by an unspecified government security agency, the company said Wednesday. NetApp names Tom Georgens CEO, replacing Dan WarmenhovenSUNNYVALE, Calif. — Data storage company NetApp Inc. said Wednesday it has named Tom Georgens as CEO, replacing Dan Warmenhoven effective immediately. NetApp posts higher 1st-quarter profit, names Tom Georgens new CEOSUNNYVALE, Calif. — Data storage company NetApp Inc. said Wednesday its fiscal first-quarter profit grew even as revenue inched lower, as proceeds from the cancellation of its failed buyout of Data Domain helped boost results. Sequence launches PowerArtist-XPSUNNYVALE - Sequence Design, the EDA leader Enabling Design For Power (DFPT), today announced PowerArtist-XP, the first and most comprehensive analysis-driven, automatic RTL power-reduction technology within a completely integrated environment. SonicWall expects to post profit in 2nd quarter; revenue outlook slightly below expectationsSUNNYVALE, Calif. — Network security technology company SonicWall Inc. said Monday it expects to post a profit of 2 cents or 3 cents per share in the second quarter. SonicWall reports 1st-quarter profit as costs declineSUNNYVALE, Calif. — Network security technology company SonicWall Inc. posted a first-quarter profit Monday, reversing a year-earlier loss that was hurt by restructuring charges and higher costs. Juniper Networks reports 1st-quarter loss on lower revenue and one-time chargeSUNNYVALE, Calif. — Network equipment maker Juniper Networks Inc. said Thursday preliminary results showed it posted a $4.5 million net loss in the first quarter, a big drop from a year earlier as revenue sank and the company booked a big charge because of tax law changes. |
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