Transmeta Ships Efficeon, Lowers Revenue Outlook
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Transmeta Corp. has begun limited shipments of the next generation of its Efficeon processor, which is being built on the 90-nanometer manufacturing process.
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The retailer cuts its full-year outlook upon experiencing lower-than-anticipated Q1 sales.
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FedEx reported higher-than-expected fiscal first quarter earnings on Thursday, but lowered its outlook for the full year.
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Shares in the telecommunications equipment maker fell today to their lowest level after the company slashed its forecast for full-year revenue growth.
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Advanced Micro DevicesÂ is investing $7.5 million in energy-efficient chip company Transmeta, which has beenÂ battling falling revenueÂ and widening losses.
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LAS VEGAS -- Later this month, Transmeta will announce the results of an internal evaluation of its business model that could signal the company's gradual exit from microprocessor sales.
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&quot;Our achievement of limited production status for our 90-nm Efficeon TM8800 is a key milestone for Transmeta. We set aggressive goals for our 90-nm program, and we have realized impressive
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Flextronics International Ltd., which assembles electronics sold by other companies, Monday reported profit for its latest quarter but lowered its earnings forecast.
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While Intel and AMD continue bringing low-power mobile chips to market, Transmeta is faced with the possibility of shifting its focus from operations and toward licensing its technologies.
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SAN JOSE, CALIFORNIA - Transmeta Corp.'s 90-nanometer Efficeon processor is ready for partners to use in ultraportable notebooks, thin clients, and embedded designs, the company announced Tuesday at the Fall Processor Forum.
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SCS Transportation Inc. on Monday lowered its third-quarter outlook on lower-than-expected revenue and higher operating costs, causing the stock to plummet on more than 10 times its average trading volume.
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One-time low-power chip manufacturer Transmeta will lay off up to 68% of its current workforce by the end of the third calendar quarter, concentrating the remainder of its resources on the licensing of its existing designs to AMD and others, as well as to pursue the final resolution of its courtroom battle against Intel.
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The home-furnishings retailer reports lower earnings but beats expectations.
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Holiday group MyTravel says annual profit will be less than expected after its sales were hit by recent security alerts.
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The company forecast earnings growth in fiscal year 2008 below the companyâs long-term target of 10 percent to 15 percent.
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Texas Instruments Inc  posted a 10 percent rise in quarterly profit on Monday, but gave a disappointing revenue forecast due to the loss of some business at customer Ericsson, sending its shares down as much as 4 percent.
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Timken Co. TKR.N on Friday said it   would cut about 700 jobs, or 5 percent, of its automotive group   employment, and significantly lowered its earnings outlook. It   cited a fall in North American auto industry production,   sending shares down more than 10 percent.