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TECH STOCKS: Apple Leads Tech Slump; EBay, BlackBerry Rise

It was no April Fool, Monday, as the start of April lived up to the month's reputation as the cruelest, at least for tech stocks, with losses from the likes of Apple Inc. and Intel Corp. leading the sector downward despite gains by eBay Inc. and BlackBerry Inc.Apple (AAPL) shares fell more than 3% to close at $428.91, after CEO Tim Cook issued a signed public apology on the company's Chinese website for customer service issues over the company's products in that country.The move followed reports last week that Chinese regulators were preparing to crack down on the company following complaints that its customer service policies weren't on par with other markets. As part of the move on Monday, Apple said it has "improved" its repair policy for the iPhone 4 and 4S models in China, and plans to increase the "supervision and training" of authorized service providers.Intel Corp. (INTC) shares fell almost 2% to $21.43. JMP Securities analyst Alex Gauna cut his rating on Intel to market perfor...

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  1. TECH STOCKS: Micron , Facebook, Chips Give Techs A Lift

    Tech stocks were mostly higher Friday morning, propelled by gains in the chip sector as Micron Technology rose sharply after posting better-than-expected results.Mic...

  2. MARKET SNAPSHOT: U.S. Stocks Rise After Strong Retail Earnings

    U.S. stocks rose on Friday, rebounding from their biggest drop in nearly a month as stronger-than-projected results from Nike Inc. and Tiffany & Co. bolstered sentim...

  3. Techs Rise Led By Micron , Chips And Facebook

    Tech stocks were mostly higher Friday morning, propelled by gains in the chip sector as Micron Technology jumped nearly 10% after posting better-than-expected result...

  4. U.S. Stocks Open Higher; Micron , Nike Rally

    U.S. stocks rose on Friday, rebounding from their biggest drop in nearly a month as stronger-than-projected results from Nike Inc. and Tiffany & Co. bolstered sentim...

  5. Micron's Quarterly Loss Widens on Expenses

    Micron Technology Inc.'s (MU) fiscal second-quarter loss widened as the chip maker recorded heavier expenses related to a planned acquisition, masking growing revenu...

  6. Micron Posts Loss, But Results Beat Street

    Micron Technology on Thursday reported a fiscal second-quarter loss of $286 million, or 28 cents a share, compared with a loss of $282 million, or 29 cents a share, ...

  7. Record High on the Way for S&P 500?

    FBN’s Sandra Smith on the outlook for the S&P.

  8. Elpida Bondholders' Renewed Attack on Micron Fails

    Elpida Memory Inc. bondholders failed Friday to persuade a U.S. judge to reconsider a ruling on the company's patent deals that could trouble their campaign to chall...

  9. Idaho Further Stirs Debate Over Taxing Cloud-Software Services

    Businesses have found out that buying cloud software can help them cut costs, but many in Idaho also are discovering it can increase their state sales tax.Several Id...

  10. Apple Lifts Veil on Far-Flung Supply Chain, Exposes Flaws

    Your iPhone is probably better-traveled than you are. Apple for the first time gave the world a glimpse inside its global supply chain, exposing at once its vast exp...

  11. TECH STOCKS: Intel, EBay Stand Out In Broad Tech Gains

    Tech stocks put in day of broad gains Thursday, with Intel Corp. among the advancers as the semiconductor giants got a late boost after putting out its quarterly res...

  12. TECH STOCKS: EBay, Intel Among Gainers As Techs Rise

    Gains from eBay Inc. continued to stand out in the tech sector Thursday, and Intel Corp. was among a slate of advancers among semiconductor stocks, ahead of its quar...

  1. Despite Headwinds, Stocks Maintaining Their Momentum

    The S&P 500 finished last week a smidgen lower as Cyprus uncertainty, discouraging European data, while big-name lackluster earnings from the likes of FedEx (NYSE:FD...

  2. MARKET SNAPSHOT: Cyprus Bailout Failure Would Shake Stocks

    Negotiations for a financial rescue of Cyprus extended into late Sunday, leaving investors uncertain as to whether the small island-nation would agree to a bailout o...

  3. TECH STOCKS: BlackBerry Tumbles; Micron , H-P Keep Techs Up

    Tech stocks were mostly higher Friday, propelled by gains in the chip sector as Micron Technology rose sharply after posting better-than-expected results.A late-day ...

  4. MARKET SNAPSHOT: U.S. Stocks Rise On Cyprus Deal Hopes

    U.S. stocks rose Friday, bouncing back from their biggest drop in nearly a month, on expectations that authorities in Cyprus will cut a deal to qualify the country f...

  5. MARKET SNAPSHOT: U.S. Stocks Rise On Hopes For Cyprus Deal

    U.S. stocks rose Friday, bouncing back from their biggest drop in nearly a month, on expectations that authorities in Cyprus will cut a deal to qualify the country f...

  6. MARKET SNAPSHOT: U.S. Stocks Boosted By Retail Earnings

    U.S. stocks rose Friday, bouncing back from their biggest drop in nearly a month, as better-than-expected results from Nike Inc. bolstered sentiment a few weeks away...

  7. Market Wrap for Friday, March 22: Stocks Rise on Hopes of Bailout Deal for Cyprus

    The U.S. stock market closed out a choppy week with a gain as policymakers in Cyprus were in talks with EU officials to secure a bailout for the Mediterranean island...

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