Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

That didn't take long. STMicroelectronics (STM +9%) has issued a terse statement in which it...

  • Friday, October 12, 2012, 10:24 AM ET
    That didn't take long. STMicroelectronics (STM +9%) has issued a terse statement in which it "denies the existence of initiatives which can compromise the unity of the Company." That's in response to a Bloomberg report claiming the chipmaker is thinking of splitting up its analog and digital IC ops. But shares remain up strongly.
Track new comments on this story

This news story has 1 comment:

  •  
    The Bloomberg report seems very muddled. Also defies common sense.

    Those wily Italians wouldn't throw the baby out with the bath water!
    12 Oct 2012, 03:46 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

TECH ETFs IN FOCUS

Latest Tech Articles
More Latest Articles »