Semiconductors
Altera did not provide EPS guidance for the fourth quarter, although it projected a gross-margin range between 65% and 67%. In the third quarter, Altera's gross margin was 67.5%.
Last month, Altera said it would record $47.6 million in charges because of discrepancies it found in certain stock-option grants. Altera is among more than 100 companies under scrutiny for the practice of backdating stock options. During Altera's internal probe into the matter, it ceased providing complete financial results and temporarily suspended its stock-buyback program. Altera said Monday that it did not repurchase shares during the third quarter and ended the quarter with $1.6 billion in cash. Altera closed Monday's regular session up 4%, or 72 cents, at $18.44.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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26.41 |
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2.99 |
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10.02 |
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0.44 |
10 Yr
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SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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