Celestica Acquires Brooks Operations

TORONTO — Celestica Inc. (NYSE: CLS) (TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced that it has agreed to acquire the semiconductor equipment contract manufacturing operations of Brooks Automation. The operations, based in Portland, Oregon and Wuxi, China specialize in manufacturing complex mechanical equipment and providing systems integration…

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TE Connectivity Reports Q2

SCHAFFHAUSEN, Switzerland — TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal second quarter ended Mar. 25, 2011. The company reported a net sales increase of 17 percent year-over-year, and 9 percent sequentially, to $3.5 billion. Earnings Per Share from Continuing Operations (GAAP EPS) were $0.67 for the quarter, compared to $0.66 in…

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Cypress Reports Q1

SAN JOSE, Calif. — Cypress Semiconductor Corp. (NASDAQ:CY) today announced the results of the first quarter of 2011, which included the following highlights and remarks from its president and CEO, T.J. Rodgers. First-quarter revenue grew 3% sequentially, better than our historical seasonal performance and exceeding our guidance. As we expected, our revenue growth was driven…

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Apple Reports Q2

CUPERTINO, Calif. — Apple® today announced financial results for its fiscal 2011 second quarter ended March 26, 2011. The Company posted record second quarter revenue of $24.67 billion and record second quarter net profit of $5.99 billion, or $6.40 per diluted share. These results compare to revenue of $13.50 billion and net quarterly profit of…

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Qualcomm Announces Q2

SAN DIEGO, Calif. — Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, today announced results for the second quarter of fiscal 2011 ended March 27, 2011. “We are pleased to report record quarterly revenues, and we are raising our revenue and earnings guidance for the year as…

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Freescale Semiconductor Announces Q1

AUSTIN, Texas — Freescale Semiconductor Holdings I, Ltd. today announced financial results for the first quarter ended April 1, 2011. Highlights for the first quarter of 2011 include: Net sales of $1.19 billion; Trailing twelve month Adjusted EBITDA of $1.24 billion; Cash and cash equivalents of $1.04 billion. “Our first quarter marked a solid start…

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Avnet Offers BeagleBoard

PHOENIX, Ariz. — Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), announced today a distribution agreement with Circuitco, allowing for the distribution of the popular Texas Instruments-based BeagleBoard products. Circuitco’s entire line of BeagleBoard products, including the original BeagleBoard and the recently released BeagleBoard-xM, is available from Avnet Electronics Marketing Americas…

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FedEx Express Gets Green Accreditation

PARIS — FedEx Express, the world’s largest express transportation company and subsidiary of FedEx Corp. (NYSE: FDX), today was granted the highly-regarded ISO (International Organisation for Standardisation) 14001:2004 certification for environmental management for its European hub at Roissy-Charles de Gaulle in France. The certification recognizes that FedEx operations are managed in a resourceful and responsible…

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10 Takeaways From Intel’s Q1 Results

{complink 2657|Intel Corp.} is red hot. The company blew away analysts' revenue and profit estimates in the first quarter, boosting its stocks on the equity market. The stocks rose 7 percent by midday today, April 20, and helped to lift the major indices. What made Intel so successful during the quarter was carefully laid out…

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