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Lattice Semiconductor Slumps On CFO Resignation

2016-03-05 20:41:25| Electronics - Topix.net

Shares of Lattice Semiconductor Corp. slumped in Friday's extended session after the chip maker said Chief Financial Officer Joe Bedewi will resign, effective April 2. The company has named Max Downing, vice president of finance, as interim CFO until a successor has been identified.

Tags: semiconductor lattice cfo resignation

 

UPDATE 3-Brazil's Usiminas slumps as turnaround plan remains uncertain

2016-02-18 22:06:17| Steel - Topix.net

Feb 18 Shares in Usinas Siderurgicas de Minas Gerais SA slumped on Thursday after shareholders failed to agree on a plan to help the money-losing Brazilian steelmaker weather a slumping domestic economy and alleviate its swelling debt burden. On a call to discuss fourth-quarter results, executives said controlling shareholders Nippon Steel & Sumitomo Metal Corp and Techint Group are studying steps to bolster Belo Horizonte, Brazil-based Usiminas.

Tags: plan update remains uncertain

 
 

Tullow Oil slumps to 1bn loss

2016-02-10 08:57:22| BBC News | Business | UK Edition

Oil and gas exploration firm Tullow Oil reports a pre-tax loss of 1.3bn for the year to 31 December as low oil prices bit into revenues.

Tags: loss oil 1bn slumps

 

FTSE 100 slumps almost 2% by midday

2016-02-08 13:12:05| BBC News | Business | UK Edition

London's leading shares are lower as a number of key company shares and other European markets fall.

Tags: by ftse midday ftse 100

 

ArcelorMittal slumps to $8bn loss

2016-02-05 09:23:53| BBC News | Business | UK Edition

ArcelorMittal slumps to an annual loss of almost $8bn (5.4bn) as the world's biggest steelmaker is hit by plunging commodity prices.

Tags: loss slumps arcelormittal 8bn

 

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