Qualcomm Disagrees with Taiwan Fair Trade Commission Decision

Qualcomm Disagrees with Taiwan Fair Trade Commission Decision

Qualcomm (QCOM) said Wednesday it disagrees with the Taiwan Fair Trade Commission’s claim the company’s business practices are in violation of Taiwanese competition law. Earlier, the Taiwan Fair Trade Commission had said the company must pay a fine of TWD23.4 billion ($774 million) for its pricing of chips and patents. The commission said the company has been violating antitrust rules for at least seven years, during which it made TWD400 […]

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Health Care Stocks Outpace Most Other Sectors

Health Care Stocks Outpace Most Other Sectors

Health care stocks attracted investor attention in defensive trade, with the NYSE Health Care Index Wednesday advancing nearly 0.4% while shares of health care companies in the S&P 500 were up almost 0.2% as a group. In company news, Aerie Pharmaceuticals (AERI) shares sped to a new record high on Wednesday, climbing over 19% to a best-ever $65.89 a share after a U.S. Food and Drug Administration advisory panel posted […]

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Wood Group Wins Five-Year Multi-Million Dollar Contract from Total

Wood Group Wins Five-Year Multi-Million Dollar Contract from Total

Wood Group (WG.L), a British oil services firm, has won a multi-million dollar contract from Total (TOT, FP.PA) for onshore maintenance services at the French oil company’s Lindsey Oil Refinery in North Killinghome, in the north-east of England. The five-year contract, which will begin on January 1 next year, includes the option to be extended by up to two years, the Aberdeen, Scotland-based company said in a stock-exchange statement on […]

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Microsoft Software Said Bought by Russian Organizations Despite Sanctions

Microsoft Software Said Bought by Russian Organizations Despite Sanctions

Software made by Microsoft (MSFT) has been acquired by state organizations and firms in Russia and Crimea despite sanctions barring US-based companies from doing business with them, Reuters reported, citing documents on the Russian state procurement database. The report cited unnamed people involved in the transactions as saying that some of the users gave Microsoft fictitious data about their identity. It said the products were sold via third parties and […]

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Hudson Technologies Q3 Preliminary Results Lower Than Street View – Stock Down 9.5% After-Hours

Hudson Technologies Q3 Preliminary Results Lower Than Street View – Stock Down 9.5% After-Hours

Hudson Technologies (HDSN) said on Tuesday it expects to report Q3 revenues of about $25 million and net income per share in the range of $0.03 to $0.05 on a fully diluted basis. Analysts are expecting earnings of $0.09 per share on revenue of $41 million for the quarter. On a combined basis, assuming that Q3 2017 included revenue from Airgas-Refrigerants, Inc., pro forma consolidated revenue would have been $57 […]

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