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Amkor Tech reports increased sales and income in 1Q

2015-04-28 03:59:07| Semiconductors - Topix.net

Amkor Technology Inc. reported increased sales and income in its first quarter due to strong demand for its products, particularly mobile devices that make up more than half its business. The Tempe-based semiconductor packaging and testing services business reported net income of $29 million, or 12 cents per share, on revenue of $743 million for the first quarter ended March 31. This compares with net income of $21 million, or 9 cents per share, on revenue of $696 million, from the first quarter of 2014.

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With Nasdaq at records, investors ask what's next for tech

2015-04-27 20:30:38| Biotech - Topix.net

When the Nasdaq Composite last hit record highs during the dotcom era, fund manager Walter Price struggled with justifying paying 400 times a company's earnings for rapid growth. Now, with the Nasdaq setting new closing records for the first time in 15 years , valuations are a sliver of what they were during the last boom.

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Tech Loses Steam

2015-04-27 14:10:59| Electronics - Topix.net

Following last year's outperformance, the technology sector's inability to maintain its market beating momentum has seen investors flee technology ETFs this year. The technology constituents of the S&P 500 outperformed the wider index by over 5% in 2014, a feat which they have not been able to match this year.

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Tech Loses Steam

2015-04-27 13:35:36| Semiconductors - Topix.net

Following last year's outperformance, the technology sector's inability to maintain its market beating momentum has seen investors flee technology ETFs this year. The technology constituents of the S&P 500 outperformed the wider index by over 5% in 2014, a feat which they have not been able to match this year.

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Stocks rise on tech earnings

2015-04-25 15:38:36| Biotech - Topix.net

The modest gains helped close out a relatively strong week for U.S. stocks, with the three major indexes rising between 1.4 and 3.2 percent in five days. The Standard & Poor's 500 and Nasdaq composite closed at record highs.

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