AMD beat estimates for 3rd quarter

Article Abstract:

Advanced Micro Devices Inc. posted higher-than-expected net income for the 2000 third-quarter. The company posted $408.6 million (470.2 million euros) in net income for the period.

author: Williams, Molly
Advanced Micro Devices Inc., AMD

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Jabil Circuit lowers earnings targets, cites slowdown

Article Abstract:

Jabil Circuit Inc. posted slightly higher-than-expected earnings for the 2001 second-quarter. The company posted a 45% increase in quarterly revenues.

author: Harris, Nicole
Jabil Circuit Inc., JBL

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Agere Systems will cut staff by 24% and record a charge of $900 million

Article Abstract:

Agere Systems Inc. will layoff 24% of its workforce and assume a $900 million charge (1.1 billion euros) for inventory and capital-asset write downs. The company cited a slowdown in the telecom equipment industry.

author: Berman, Dennis K.
Labor force information, Human resource management, Agere Systems Inc.

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subjects list: United States, Semiconductor industry, Semiconductor devices, Finance
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