Agere Adjusts for Soft Demand
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Facing soft demand from major customers, semiconductor and software specialist Agere Systems said it will lay off 500 people and close three facilities to cut costs.
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The U.S. economy's soft patch last spring was a bit firmer than previously thought.
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Although lots of age groups are getting picky about where they slumber, manufacturers, retailers and trend-watchers say baby boomers are fueling a jump in sales of pricey bedroom accouterments.
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Management changes might make this a good value play.
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LSI's deal for Agere was unexpected -- and not greeted warmly.
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The quiet clothing industry powerhouse is undergoing a makeover in an effort to attract style-conscious consumers.
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A new initiative seeks to improve old products.
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Demandware service designed to help midsize firms open shop online as fast as with a hosted service, but with more customization.
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The footwear retailer looks to expand its business following a strong Q1.
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Rising demand, a falling dollar and rosy economic predictions have stoked the price of commodities in the last few years. But times are changing.
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Communications chip maker Agere  Systems Inc. AGRa.N on Wednesday said it will cut 500 jobs  and sell or close a plant in Florida that employs 600 people in  order to reduce costs amid slowing sales.
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Company's recent acquisition will improve its competitive advantages.
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Company introduces a lower-cost way to keep up with data growth without the need for IT expertise.
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or about less than half what the current model weighs -- will be sold at $149 per unit in North American markets and at 149 euros in Europe starting November 1st.
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A soft IT market is weighing on the storage company.
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The companyâs strategy of remodeling its restaurants and tailoring its menu options is paying off in Europe.
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Rising demand, a falling dollar and rosy economic predictions, have stoked the price of commodities in the last few years. But times are changing.