Behind the Dividend Debate

In the past few months we've seen a flurry of announcements that tech companies are paying dividends to their shareholders following record sales and earnings in their most recent financial quarters ({complink 265|Altera Corp.}, {complink 317|Analog Devices Inc.}, {complink 831|Broadcom Corp.}, {complink 2657|Intel Corp.}, {complink 3614|National Semiconductor Corp.} and {complink 5844|Tyco Electronics Ltd.} among them).…

Details

FedEx Corp. Reports Q2 Earnings

MEMPHIS, TN — FedEx Corp. (NYSE: FDX) today reported earnings of $0.89 per diluted share for the second quarter ended November 30. Excluding certain charges described below, second quarter earnings were $1.16 per diluted share, compared to $1.10 per diluted share a year ago. “Solid demand for our transportation solutions, outstanding customer service from FedEx…

Details

CTS to Acquire Fordahl SA

ELKHART, IN — CTS Corporation (NYSE: CTS) today announced it has reached a definitive agreement to acquire certain assets and liabilities of Fordahl SA, a privately held company located in Brügg, Switzerland. Revenues are initially estimated at $5 million in 2011 and are expected to grow double-digit over the next several years. The Fordahl product…

Details

Acer Names New Pan-America Ops Chief

TAIPEI, TAIWAN – Acer announces that Rudi Schmidleithner, Corp. VP & President of Acer Pan America Operations, has elected to resign from the company for personal reasons. Emmanuel Fromont, current VP of the EMEA Packard Bell Division, will be appointed as the new Corp. VP & President of Pan America Operations. The change will formally…

Details

SEMI: Nov. Bookings at 0.96

SAN JOSE, Calif. — North America-based manufacturers of semiconductor equipment posted $1.51 billion in orders in November 2010 (three-month average basis) and a book-to-bill ratio of 0.96, according to the November 2010 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.96 means that $96 worth of orders were received for every $100 of product…

Details

Mouser in Global Pact With Olimex

MANSFIELD, Texas — Mouser Electronics, Inc., a leading international distributor of semiconductors and electronic components, today announced their worldwide distribution partnership with Olimex, Ltd. As a top global supplier, Olimex is renowned for its extensive range of development and evaluation tools utilized for the rapid prototyping of ARM, AVR, MSP430, MAXQ, PIC and Gecko microcontrollers.…

Details

Getting Charged Up With the Nissan Leaf, Part 1

Automotive is an important market for semiconductor vendors. In turn, the chip industry has enabled car manufacturers to make major improvements in safety and performance — and move toward more environmentally friendly vehicles. Even though the number of vehicles manufactured grows by low single digits, the amount of electronics per vehicle keeps increasing. In 2008…

Details

WESCO-TVC Communications Deal Complete

PITTSBURGH — WESCO International, Inc. (NYSE: WCC), a leading provider of electrical and industrial MRO products, construction materials, and advanced integrated supply procurement outsourcing services, today announced that WESCO Distribution, Inc. has completed its previously announced acquisition of TVC Communications, L.L.C. (TVC) for a purchase price of $246.5 million, subject to certain adjustments. TVC is…

Details