National Semi turns positive; Altera, Xilinx worries weigh
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LOS ANGELES (CBS.MW) -- Technology stocks closed slightly higher Thursday, recovering from an earlier slump, after National Semiconductor topped earnings estimates, although sales warnings from Altera Corp.
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Plus: Verizon boosted by wireless, fiber...Nintendo outlook positive...Sun reports increased quarterly profit.
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Blue chips closed firmer, not far from the day's peak on the final full trading session before Christmas helped by an early jump on Wall Street, thanks to strength in tech issues, and with mining heavyweights helping fuel a late Santa rally in London.
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It's been a strong week for tech offerings, and the momentum may continue.
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Plus: Dell meets expectations...Storage, servers bruise HP earnings...Healthy sales lift Cisco's profit.
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Plus: Samsung SDI swings to loss...Outstanding earnings for Apple...Xerox profits from color printers...Alltel profit, revenue rise.
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Plus: AT&T profit rises...Samsung SDI swings to loss...Outstanding earnings for Apple...Xerox profits from color printers.
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Plus:  Electronics sales push Sony to profit...STMicro sees market recovery...VMWare profit rises as software sales climb...Amazon margins a concern.
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sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks slightly higher yesterday.
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Plus: SunPower profit drops, but outlook brightens...AT&T earnings up on wireless growth...Nokia earnings soar, market share solid...Qualcomm results show strong demand...eBay warns of weaker 2008 results.
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The leading index of blue chip shares finished in positive territory after solid results from International Power and positive broker comment boosted Standard Life, dealers said Tuesday.
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Investors rally on the good news, but what does fast-track status really mean?
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Plus: TiVo posts small profit...Novell reverses year-earlier profit...Lenovo posts 2006-07 net surge.
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LONDON: European stock markets rallied yesterday as investors appreciated gains in New York and Asia and digested a flurry of company news.
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Plus: Lucent's 1st profitable year since 2000...EMC issues sunny report...IBM net income inches higher, despite legal bill.
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The graphics card maker sees success in the PC market, but competition edges closer.
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Plus: Nokia earnings soar, market share solid...Qualcomm results show strong demand...eBay warns of weaker 2008 results...Motorola profit shrinks, phone forecast dims.