|Day Low/High||17.19 / 17.38|
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STMicroelectronics, Infineon Technologies and Imagination Technologies are among European companies in line for a booster from the new device.
Futures recently pointed to a positive U.S. open.
London markets lead a buoyant afternoon during the European trading session
Deutsche Bank and Credit Suisse tumble on their ouster from the Stoxx Europe 50 index, while Italian lenders Monte dei Paschi and UniCredit post steep declines.
An automotive-sector expansion helps offset a smartphone downturn.
Investors take a glass-half-empty view of even solid company updates, including forecast-busting results from BMW.
European markets close modestly higher following calm session.
Cree is offloading Wolfspeed for $850 million as the LED products maker continues its journey to become a pure-play LED products maker.
- Combination further strengthens Infineon as leading supplier of power and radio-frequency (RF) power solutions in high-growth markets such as electro-mobility, renewables and next-generation cellular infrastructure relevant for the Internet of Things (IoT)
Bloodletting renews in Europe on concerns over Italian banks, economic growth and UK property market
The alliance will be formally announced Friday but the German automaker has said 2021 is target date for this self-driving BMW.
Solution combines powerful computing with safety-critical software to enable the advanced driver assistance systems necessary for self-driving vehicles
European markets rose a little, buoyed by Greek reforms to allow more detailed bailout negotiations. Strong quarterly results, especially in continental Europe, also helped the mood.
Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announced today the closing of the acquisition of International Rectifier.
European stock indices are little changed on Wednesday after strong consumer and durable goods data propels U.S. stock markets to record highs in New York.
Infineon Technologies AG (FSE:IFX/OTCQX:IFNNY) and International Rectifier Corporation (NYSE: IRF) will hold a media call for U.
German semiconductor maker Infineon (IFNNY) agreed to buy U.S. chip marker International Rectifier (IRF) for $40 per share, the companies just announced.
Power Integrations (POWI) stock is rising as semiconductor stocks react positively to a report suggesting Germany's Infineon Technologies (IFNNY) is looking to purchase a U.S.-based company for $2 billion.
Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and International Rectifier Corporation (NYSE: IRF) today announced that they have signed a definitive agreement under which Infineon will acquire International ...
Fairchild Semiconductor (FCS) stock is up following a report suggesting Infineon Technologies (IFNNY) is looking to buy a U.S. semiconductor company for close to $2 billion.