Western Digital to split flash memory business after Kioxia merger talks stall

Western Digital to split flash memory business after Kioxia merger talks stall

The logo of Western Digital Corporation is displayed at the company’s headquarters in Tokyo, Japan, May 27, 2019. REUTERS/Yoshiyasu Shida/File Photo Acquire Licensing Rights Oct 30 (Reuters) – Western Digital (WDC.O) said on Monday it would spin off its flash memory business that has been grappling with a supply glut after talks of merging the … Read more

Exclusive: Natgas producer Chesapeake explores buying Southwestern Energy -sources

Exclusive: Natgas producer Chesapeake explores buying Southwestern Energy -sources

A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights Oct 17 (Reuters) – U.S. natural gas producer Chesapeake Energy Corp (CHK.O) has approached Southwestern Energy (SWN.N), a peer valued by the stock market at … Read more

Wall St gains as investors digest economic data, Treasury yields steady

Wall St gains as investors digest economic data, Treasury yields steady

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Investors eye Washington as shutdown looms Weekly jobless claims edge higher Micron slides after dour forecast Indexes up: Dow 0.21%, S&P 0.51%, Nasdaq 0.77% Sept 28 (Reuters) – Wall … Read more

Morning Bid: ‘Flash’ business funk and AI buzz

Morning Bid: ‘Flash’ business funk and AI buzz

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business soundings from Europe … Read more

AMERICAS Bonds calm down but Chinese markets smolder

AMERICAS Bonds calm down but Chinese markets smolder

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan Restive bonds showed signs of calm on Wednesday, but … Read more

Illumina cuts annual profit forecast as biotech funding woes linger

Illumina cuts annual profit forecast as biotech funding woes linger

The offices of gene sequencing company Illumina Inc are shown in San Diego, California January 11, 2016. REUTERS/Mike Blake/File Photo Aug 9 (Reuters) – Illumina Inc (ILMN.O) cut annual profit forecast, in a sign that a funding crunch among its biotech and pharmaceutical clients is expected to weigh on sales for its genetic testing tools … Read more