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BUSINESS
April 29, 1998 | From Bloomberg News
U.S. antitrust enforcers are considering a two-part legal challenge to Intel Corp.'s marketing practices, though no decision has been made on whether to bring a case, several people familiar with the probe told Bloomberg News. The strategy would let the Federal Trade Commission move quickly to attack business practices criticized in a recent court decision against Intel, while also weighing a broader antitrust suit against the Santa Clara-based company.
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BUSINESS
March 18, 1999 | From Reuters
The Federal Trade Commission settled antitrust charges against Intel Corp. on Wednesday, approving an agreement that bars the chip maker from severing business ties with customers who sue it. "If you have an intellectual property dispute, Intel cannot cut you off," said FTC Chairman Robert Pitofsky at a news conference after the 3-0 vote. Without the agreement, Pitofsky said Intel was able to use monopoly power to muscle customers into giving up trade secrets to Intel without compensation.
BUSINESS
October 31, 2002 | From Times Wire Services
A U.S. District Court judge Wednesday ruled that Intel Corp. could not manufacture and sell its most powerful microprocessor, but then suspended his order immediately so the world's largest chip maker could appeal the decision within 30 days. In his final judgment, Judge T. John Ward of the U.S. District Court for the Eastern District of Texas again found that two patents held by computer services company Intergraph Corp., of Huntsville, Ala., are valid.
BUSINESS
June 22, 2004 | Terril Yue Jones, Times Staff Writer
Handing a legal victory to Advanced Micro Devices Inc., the Supreme Court ruled Monday that the computer chip maker could use U.S. courts to press rival Intel Corp. to release internal documents as part of a European antitrust investigation. Sunnyvale, Calif.
BUSINESS
April 14, 1998 | From Bloomberg News
Intel Corp. today is expected to report lower first-quarter earnings as weak sales of its personal computer chips and falling PC prices hurt profit at the world's biggest chip maker. Intel said on March 4 that it expected first-quarter revenue to be about $5.85 billion, down 9.3% from $6.45 billion a year earlier. Analysts expect the company to earn 71 cents a share, according to IBES International Inc. A year ago, Intel earned $1.98 billion, or $1.21 a share.
BUSINESS
January 22, 2005 | From Associated Press
Hewlett-Packard Co. said Friday that it had agreed to pay $141 million to settle patent disputes with software maker Intergraph Corp. Hewlett-Packard said it expected the settlement to reduce earnings for the first quarter of fiscal 2005 by about 3 cents a share. It will pay Huntsville, Ala.-based Intergraph by Friday. Hewlett-Packard shares fell 3 cents to $19.99 on the New York Stock Exchange. Intergraph shares rose 46 cents to $28 on Nasdaq.
BUSINESS
March 2, 1999 | From Times Wire Services
The federal government Monday laid out its charges against leading computer chip maker Intel Corp. just ahead of the start of the second big antitrust case against a high-tech industry leader. Intel, the dominant maker of microprocessors that are the "brains" inside personal computers, rejected the charges in a reply brief, denying that it had sought to quash competition improperly.
BUSINESS
December 21, 1990 | From Times Wire Services
Stock prices drifted higher today amid strong cross-currents created by a quarterly "triple witching hour." The Dow Jones industrial average closed up 4.20 at 2,633.66, bringing its gain for the week to 39.85 points. Losses led gainers by an 8-7 margin. New York Stock Exchange volume was unusually heavy at 233.
BUSINESS
November 11, 2003 | Terril Yue Jones, Times Staff Writer
The U.S. Supreme Court said Monday that it would intervene in a dispute between chip giants Intel Corp. and Advanced Micro Devices Inc. over when a company can be forced to share secret documents with foreign regulators. Intel, the world's biggest computer chip maker, is trying to beat back an attempt by rival AMD to get its hands on confidential Intel documents and pass them along to antitrust enforcers at the European Commission.
BUSINESS
December 8, 1988 | From Times Wire Services
The stock market struggled to a small gain Wednesday in a muted response to Soviet leader Mikhail S. Gorbachev's speech at the United Nations. The Dow Jones index of 30 industrials, which had risen 57.08 in the two previous sessions, added an additional 4.27 to 2,153.63. Advancing issues outnumbered declines by about 5 to 4 in nationwide trading of New York Stock Exchange-listed stocks. Big Board volume came to 148.36 million shares, down from 158.34 million in the previous session.
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