Articles about Slump

DRAM boom-lite coming

DRAM manufacturer Elpida hopes the DRAM market will be healthier next year when a severe two year slump ends. Elpida, Japan's only DRAM vendor, made a $144m operating loss in its first fiscal 2009 quarter which finished at the end of June. It thinks it will post another thumping $144m operating loss for its second fiscal 2009 …
Chris Mellor, 12 Sep 2008
Sun

Sun profits evaporate as darkness falls on US economy

Sun promised to buy back $1bn worth of shares from stockholders today as it announced static revenues and a slump in fourth quarter profits. Revenues came in at $3.78bn for the quarter ending June 30, down 1.4 per cent on the year. Profits collapsed though, coming in at $88m, compared to last year’s $329m. This resulted in …
Joe Fay, 1 Aug 2008
The Register breaking news

Thus Group gives amorous Cable and Wireless the brush off

Cable and Wireless has shuffled alongside smaller business telecoms outfit Thus Group, mumbling that it possibly might want to make an offer to buy it, to be greeted today with a polite "we're alright, cheers". A C&W statement alongside news of its romantic whispers said: "This announcement does not amount to a firm intention …
triangular warning sign featuring exclamation mark

PC World, Currys staff to be dumped in DSGi rescue plan?

Hundreds of PC World and Currys staff could see the job axe swing on Thursday (15 May) when the stores’ owner DSG International (DSGi) announces its latest trading statement and strategy review. DSGi is understood to be closing 200 of its 700 stores as well as considering switching its outlets to a new superstore format, …
Kelly Fiveash, 12 May 2008

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