Intel issues another warning on sales; more job cuts
Article Abstract:
Intel Corp. issued its second warning in seven weeks that a worsening tech slowdown is hurting its first-quarter sales. This announcement sent the company's shares falling roughly 9% in after-hours trading. The slagging demand for the company's server chips, networking chips, and flash memory are beig felt throughout North America, including in Canada.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Panic selling fuels rise in margin calls
Article Abstract:
Margin calls surged due to the panic selling brought on by the September 11th terrorist attacks. The Dow Jones Industrial Average lost 14.3 percent of its value last week, the worst week since the Great Depression.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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