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Electric
Transit Sparks Ixys
We saw an opportunity to
organize the efficiency of mass transit. Worldwide,
there's a boom in installation of electric mass transit.
We saw the market (its chips go into the systems used to
run electric mass transit systems) and the market
embraced us.
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Hewlett-Packard
Eases Global Worries As Latest Results, Outlook
Beat Views
Hewlett-Packard (HPQ) beat
third-quarter forecasts and expects its
fourth-quarter results to surpass analysts'
current outlook, cooling fears about a big
falloff in global technology spending. For the
quarter that ended July 31, the printer and
computer maker earned 86 cents per share
excluding special items — up 21% vs. the
year-ago period and 3.5% above the average
estimate of analysts polled by Thomson Reuters.
Sales rose 10% to $28 billion, beating views by
2%.
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Cell
phone sales continue to fall
U.S.
consumers bought 28 mil cell phones in Q2, down
13% from the year-ago period, according to a
report by researcher NPD Group. IT was the 3rd
straight quarter of lower sales and the lowest
number since NPD began tracking them in 2005.
The total value only fell 2% to $2.4 bil, as the
handsets sold tended to be more expensive and
have more features. Motorola's (MOT) phones were
most popular, but its share of the units sold
fell to 21% from 32%. • Apple (AAPL) updated
iPhone software to help fix connection problems
in Europe. T-Mobile said users can download the
software to their iPhones, but it wasn't clear
if the upgrade would fix all the glitches.
Meanwhile, Apple said batteries from a single
supplier are to blame for the meltdown of some
iPod Nano music players in Japan. Apple shares
fell 1.1% to 173.53.
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Sector
Spotlight: Electronics |
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Symbol |
 |
Company |
Composite
Rating |
Acc/Dis Rating |
 |
 |
 |
 |
IIVI |
 |
Ii-Vi Incorporated |
99 |
A- |
 |
 |
 |
 |
IPGP |
 |
I P G Photonics Corp |
98 |
B- |
 |
 |
 |
 |
APH |
 |
Amphenol Corp Cl A |
98 |
B |
 |
 |
 |
 |
ALTR |
 |
Altera Corp |
98 |
A- |
 |
 |
 |
 |
DRS |
 |
D R S Technologies Inc |
98 |
B+ |
 |
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