STMicroelectronics trips on warning by Deutsche Bank

Article Abstract:

STMicroelectronics SA saw its share value decline after it forecasted lower-than-expected earnings for the 2001 first-quarter. The company expects to post 39 US cents (43 European cents) per share in earnings for the period, compared to the previous forecast of 45 cents per share.

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STMicroelectronics to cut spending on chip slowdown

Article Abstract:

STMicroelectronics NV has reduced its capital investments forecast for the 2001 year. The company lowered its capital investments forecasts from $1.9 billion to $1.5 billion (1.75 billion euros) for the year.

Capital expenditures, Switzerland, Investments, Capital investments

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STMicroelectronics expects profit slide in first quarter

Article Abstract:

STMicroelectronics NV forecasted a slight fall in profits for the 2001 first-quarter. The company's expected profit decline is being attributed to a slowdown in the computer chip industry.

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