FREMONT, CA — (Marketwire) — 01/23/13 — Lam Research Corp. (NASDAQ: LRCX)Reported revenue of $860.9 million for the December 2012 quarter, down 5% from the prior quarterReported GAAP gross margin of 36.6%, GAAP operating margin of 0.5% and GAAP EPS of $0.04Delivered non-GAAP gross margin of 44.2%, operating margin of 11.5%, and EPS of $0.45Repurchased 10 million shares of common stock, completing approximately $1.4 billion of $1.6 billion in announced buybacksLam Research Corp. (NASDAQ: LRCX
MOUNTAIN VIEW, CA — (Marketwire) — 01/23/13 — Symantec Corp. (NASDAQ: SYMC) today announced an enhanced capital allocation strategy that over time is expected to return approximately 50% of free cash flow to shareholders through a combination of dividends and share repurchases while still enabling the company to invest in its future.#SYMC offers capital allocation program, plans to initiate company-s first cash dividendThe company-s capital allocation program includes initiation of a quarter
MOUNTAIN VIEW, CA — (Marketwire) — 01/23/13 — Symantec Corp. (NASDAQ: SYMC) today announced a new strategy that will streamline and simplify the company so it can deliver significantly improved performance for customers and partners.#Symantec announces new corporate strategy and product focus areas"Symantec-s strategy is clear: We want to enable people, businesses and countries to focus their energies and time on achieving their aspirations, instead of being consumed with how to keep th
A new product called IPS by Kea has just been introduced by Crystal Clear Communications. IPS stands for Intelligent Product Solutions. It provides faster communication with customers in the hospitality, retail, manufacturing and health care industries, or any organization with a mobile workforce. Crystal Clear Communications is a company that specializes in finding unique, cost effective solutions to help diverse organizations enhance their profitability, productivity and safety. The IPS system
LEVITTOWN, NY — (Marketwire) — 01/23/13 — (PINKSHEETS: FVSTA) is most pleased to announce that it has signed a Letter of Intent with CJSC Chedty Neft Neft by which it intends to acquire its outstanding shares. Chedty Neft Neft is an oil producer with proven oil reserves in the Federation of Russia.The parties have previously exchanged pertinent documents and information as part of a general due diligence process. Upon the satisfaction of all parties, a formal Agreement should be signed withi
