Applied Materials, Inc. (AMAT) Financial News - Tech Stocks: Techs slide in broad selloff

Applied Materials, Inc. (AMAT)

Tech Stocks: Techs slide in broad selloff

2011-07-12 01:20:41
Keywords: Markets|U.S. & Canada, KLAC, KLA-Tencor Corp., LRCX, Lam Research Corp., ASML, ASML Holding N.V., NVLS, Novellus Systems Inc., AMAT, Applied Materials Inc., AMAT, Applied Materials Inc., SOX, PHLX Semiconductor Index, COMP, NASDAQ Composite Index, MSH
Quote: On the other hand, Novellus lost 0.6% to end at $35.77, ASML slipped 1.4% at $36.93 and Applied Materials Inc./quotes/zigman/19895/quotes/nls/amatAMAT-0.92%/quotes/zigman/19895/quotes/nls/amatAMAT-0.92%fell about 1% at $12.98.The Philadelphia Semiconductor Index/quotes/zigman/1468249SOX-1.71% was down 1.7%.The rest of the sector was also in negative territory, with the Nasdaq Composite Index/quotes/zigman/123127COMP-2.00% off 2% to close at 2,803, while Morgan Stanley High Tech 35 Index/quotes/zigman/1468957MSH-2.17% lost 2.2%.The Dow Jones Industrial Average/quotes/zigman/627449/delayedDJIA-1.20% was down 151 points.Among the major decliners were Hewlett-Packard Co./quotes/zigman/229301/quotes/nls/hpqHPQ-3.13%, Cisco Systems Inc./quotes/zigman/20039/quotes/nls/cscoCSCO-1.97% and Oracle Corp./quotes/zigman/76584/quotes/nls/orclORCL-2.18%Benjamin Pimentel is a MarketWatch reporter based in San Francisco.
Open whole article (external link)

Other Financial and Stock Market News concerning Applied Materials, Inc.

Applied: Citi Sees Big Disappointment Coming In FYQ4 (2011-08-17 10:38:09)
S&P 500 Analyst Recommendation Changes for Aug. 15 (2011-08-16 07:00:06)
LED Supply and Demand (2011-08-16 07:00:02)
Top Q2 Picks of Small Cap Focused Royce Funds (2011-08-12 05:26:36)
S&P 500 Analyst Estimate Revisions for Aug. 10 (2011-08-11 05:03:35)
Applied Materials After Rout Returns 40% With New Bet: Real M&A (2011-08-11 05:03:34)
DEALTALK-Traders take a hit as M&A deals totter (2011-08-09 09:06:55)
S&P 500 Analyst Recommendation Changes for Aug. 5 (2011-08-08 02:15:24)
SNDK, KLAC, NANO Tops In Chips, Says Oppenheimer (2011-08-08 02:15:22)
Cambiar Investors Holdings in 2nd Qtr: 13F Alert (2011-08-05 03:44:29)
Cambiar Investors Holdings in 2nd Qtr: 13F Alert (2011-08-04 03:38:44)
GT Solar results, MEMC deal cheer investors (2011-08-04 03:38:42)
Tokyo Electron slashes forecast, outlook grim (2011-08-02 06:38:21)
9 Large-Cap Tech Stocks With Recent Winning Streaks (2011-08-01 04:33:05)
5 Stocks Under $20 That Should Trade for $30 (2011-07-28 02:13:09)
A SEMICON West snippet: AMAT launches new products, prepares for 450mm - ElectroIQ (2011-07-28 02:13:07)
UPDATE 1-Dutch ASMI Q2 net just up, new orders tank on slowdown (2011-07-28 02:13:06)
Research on Veeco Instruments Inc. and Applied Materials Inc. - Semiconductor Equipment and Materials Sees Positive Trends (2011-07-27 10:02:19)
S&P 500 Dividend Health, Forecast Changes for July 25 (2011-07-25 09:51:00)
Flip Chip Sales: Robust Forecast (2011-07-22 08:12:48)
12 Low-Debt Dividend Stocks Undervalued by Target Price (2011-07-22 08:12:47)
Apple Rocking It, The Rest of Tech Not So Much (2011-07-21 02:12:35)
Strong Growth for Semiconductor Equipment in Booming Niche Market (2011-07-21 02:12:35)
Ride The Market Cycle With Marvell (2011-07-20 03:21:32)
UPDATE 1-North America June chip-gear orders fall 4.4 pct vs May (2011-07-20 03:21:31)
DBJ Tech Watch for Friday 7/15: News of Google, Apple, Microsoft, Netflix and more (2011-07-18 07:13:42)
Varian Semiconductor Sued by Investor Over $4.9 Billion Bid (2011-07-15 04:52:05)
CEG hosts event with Intel, GlobalFoundries execs (2011-07-15 04:52:03)
Investor sues over Applied Material's Varian purchase (2011-07-15 04:52:02)
Lawyer Indicted, Offshore Accounts, Data Breaches: Compliance (2011-07-15 04:52:01)
Applied Materials Affirms Forecasts, Citing Emerging Markets (2011-07-13 05:06:11)
[$$] Applied Tames Projections on Chip-Maker Spending (2011-07-13 05:06:07)
UPDATE 1-ASML Q2 order book down, cautious on Q3 orders (2011-07-13 05:06:05)
U.S. Stock Options With Biggest Changes in Implied Volatility (2011-07-12 01:20:44)
Tech Stocks: Techs slide; semicap stocks rise on upgrades (2011-07-12 01:20:43)
Solar equipment spending to collapse in 2012: report (2011-07-12 01:20:42)
Tech Stocks: Techs slide in broad selloff (2011-07-12 01:20:41)
Media Advisory: Applied Materials to Focus on Innovation at Semicon West 2011 (2011-07-11 09:08:41)
Applied Materials Introduces Innovations for Building Faster DRAM Chips (2011-07-07 05:24:31)
S&P 500 Analyst Target Price Changes for July 6 (2011-07-07 05:24:30)
Applied Materials Takes No. 2 Spot in LCD Equipment Sales (2011-07-06 02:47:30)
Modest Semiconductor Sales Stunt Chip Stocks (2011-07-06 02:47:28)
A Heuristic Formulation of the Margin of Safety (2011-07-05 10:05:40)
APPLIED MATERIALS INC /DE Files SEC form 8-K/A, Submission of Matters to a Vote of Security Holders (2011-07-04 08:46:39)
5 Reasons That Applied Materials Is a Good Buy (2011-07-04 08:46:38)
Applied Materials Reveals Breakthrough RTP Technology for the 20nm Era (2011-06-30 02:21:10)
Mixed Performance Ahead for Credit Sector (2011-06-30 02:21:09)
Ralph Nader wants Cisco to up dividend. He's right. The Buzz (2011-06-27 06:50:39)
Cost of Solar Panels Lower Than Ever, Americans Optimistic about Future of Technology (2011-06-21 06:18:40)
Solar Power in Germany: A Shining Future (2011-06-20 10:37:16)

Applied Materials, Inc. Stock Summary

Incorporated in 1967, Applied, a Delaware corporation, provides Nanomanufacturing Technologytm solutions for the global semiconductor, flat panel display, solar and related industries, with a broad portfolio of innovative equipment, service and software products. “Nanomanufacturing” is the production of ultra-small structures, including the engineering of thin layers of film onto substrates. Applied’s customers include manufacturers of semiconductor chips and wafers, flat panel liquid crystal displays (LCDs), photovoltaic (PV) cells and other electronic devices, who use what they manufacture in their own end products or sell the items to other companies for use in advanced electronic components. The Company’s fiscal year ends on the last Sunday in October. Applied is the world’s largest semiconductor fabrication equipment supplier, based on revenue, with the capability to provide global deployment and support services.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f12%2f14%2f0000891618-07-000682.html#FIS_BUSINESS"