November 16, 2001 |
Communications testing equipment and microchip maker Agilent Technologies Inc. said it will eliminate 4,000 jobs, doubling previously announced cuts, because recovery will take longer. Agilent met Wall Street forecasts, reporting an operating loss of $275million, or 60 cents a diluted share, contrasted with a profit of $328million, or 71 cents a share, in the quarter a year ago. The company noted falling orders and gave a glum outlook. Agilent shares fell 28 cents to $25.
January 13, 2006 |
Agilent Technologies Inc., the world's biggest maker of scientific testing equipment, selected "Verigy" as the name for its semiconductor-testing unit, which is being spun off this year. The name comes from the Latin prefix "veri" for "true," and "gy" comes from "logy" for "the name of sciences," Palo Alto-based Agilent said. Agilent says it is planning to complete Verigy's initial stock sale in the middle of this year and execute the spinoff by October.
July 29, 1999
Hewlett-Packard Co. said the medical-equipment and electronic measurement company it plans to spin off next year will be called Agilent Technologies Inc. The new company will have annual sales of $8 billion and 43,000 employees. It will be based in Palo Alto, along with the new HP, and will make everything from ultrasound-imaging technologies to semiconductor-testing equipment. Its initial public offering, expected to be completed next year, is likely to be one of the biggest ever.
November 28, 2000 |
Agilent Technologies Inc., a test- and measurement-equipment maker, agreed to buy Objective Systems Integrators Inc. for about $665 million in cash to add software that helps manage telecommunications networks. Agilent, which was spun off from Hewlett-Packard Co. in June, will pay $17.75 for each Objective Systems share, or 31% more than Friday's close. The purchase is part of Agilent's push to focus on its fast-growing communications and measurement units.
November 21, 2000 |
Agilent Technologies Inc. said fiscal fourth-quarter net income, including one-time items, more than doubled to $305 million, or 66 cents a share, from $146 million, or 39 cents a share, a year earlier. The maker of test and measurement equipment said sales rose 38% to $3.37 billion, led by sales of communications-related devices. Agilent, which was spun off by Hewlett-Packard Co.
November 18, 2003 |
EARNINGS Agilent Technologies Inc., the world's biggest maker of scientific testing gear, had a fourth-quarter profit of $13 million after losses for seven straight periods. Net income equaled 3 cents a share, compared with a net loss of $236 million, or 51 cents, a year earlier. Sales fell 3.5% to $1.68 billion, the Palo Alto, Calif., company said. Agilent benefited from cost cuts and an improving market for semiconductors, Chief Executive Ned Barnholt said. Shares of Agilent added $1.80, or 6.