Industry News

TECHNOLOGY
Micron's memory loss

U.S. Technology Index



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First-quarter loss widens significantly for Micron Technology as quarterly revenue falls by nearly 9%.

• Fresh $100 million equity backing for Palm Inc.
• Revised forecast shows Take-Two embracing deliberate approach
• Apple to quit Macworld show, touching off a swirl of questions
• Motorola freezes pensions and 401(k) matches; no pay hikes for 2009
• Adobe Systems prints higher profit, confident on outlook

More tech industry news »

RETAIL & CONSUMER
Walgreen plans expansion slowdown

U.S. General Retailers Index



 Analyze consumer-sector stocks
Drugstore giant bows to economic realities, says it will further decelerate plans for store expansion. Quarterly results underscore weak conditions.

• Overseas propels Nike's profit growth
• Prospects for prolonged downturn hit at Newell Rubbermaid
• ConAgra feasts on slimmer costs
• Dip in General Mills' quarterly profit tied to commodity-hedging losses
• Best Buy makes series of moves to tighten up on costs side of ledger

More retail & consumer news >>

HEALTH CARE
Eli Lilly sees 2008 loss, cites ImClone

U.S. Health-Care Index



  Analyze health-care sector stocks
Drug giant says acquisition-related expenses mean a full-year net loss, but Eli Lilly also talks up growth prospects for 2009.

• Alpharma, in a reversal, agrees to King Pharmaceuticals' buyout bid
• Medtronic's in poor profit health
• Crestor carries broader benefits, AstraZeneca-funded study shows
• Teva Pharmaceuticals' mixed-bag results
• Amgen generates healthy growth

More health care news »

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