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ICST News

Integrated Device Sees Merger Closing

A linkup of two chip companies with 'integrated' in their names is due to close Friday.

The Five Dumbest Things on Wall Street This Week

Purcell punts; more Morgan math; Track Data derailed; revolving doors; chip disintegration.

Dow, Nasdaq Close With Gains

Housing starts are lower than expected. Oil climbs again.

Two Chipmakers to Integrate

Integrated Device Technology and Integrated Circuit Systems will merge in a $1.7 billion deal.

Tech Stocks in Motion

Tetra Tech falls after saying it will miss fourth-quarter estimates.

Breaking News

Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.