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

|About: STMicroelectronics NV (STM)|By:, SA News Editor

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.