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TECH STOCKS: Techs Slip In Broad Market Selloff

By Benjamin Pimentel Technology stocks fell sharply Tuesday, but later recovered to pare losses, as the broader market was rattled by financial worries in Europe and Asia. The Nasdaq Composite Index (RIXF) slid a fraction to close at 2,211, putting the tech benchmark 2.6% lower for the year to date. However, the Morgan Stanley High Tech 35 Index (MSH) and the Philadelphia Semiconductor Index (SOX) each bounced back from losses to close with fractional gains. Major tech players were in the red, including Apple Inc. (AAPL), Dell Inc. (DELL) and Cisco Systems Inc. (CSCO). Shares of Oracle Corp. (ORCL) and Microsoft Corp. (MSFT) all moved down a fraction, while Yahoo Inc. (YHOO) fell 1.5% to close at $15.31. Autodesk Inc. (ADSK) was down 1.5% to close at $28.97, while Baidu Inc. (BIDU) dropped 2.7% to close at $69.08. The Dow Jones Industrial Average (DJI) lost about 23 points as investors rattled by tensions on the Korean peninsula and the financial crisis in Europe decided to sell out of positions.

Stock News for Autodesk (ADSK)
02/12/201612:00:00Mattel Reimagines ThingMaker, Allowing Families To Become Toy...
02/10/201615:57:15Amended Statement of Ownership (sc 13g/a)
02/05/201616:39:39Statement of Changes in Beneficial Ownership (4)
02/03/201611:30:00Autodesk Plans to Reduce Workforce by 10%
02/03/201609:01:41Current Report Filing (8-k)
02/03/201609:00:00Autodesk Announces Restructuring Plan to Accelerate Transition...
02/01/201608:00:00Autodesk Extends Invitation to Join Financial Results Conference...
01/25/201613:50:46Amended Statement of Ownership (sc 13g/a)
01/07/201616:14:24Statement of Changes in Beneficial Ownership (4)
12/22/201518:51:27Initial Statement of Beneficial Ownership (3)
12/15/201516:04:22Statement of Changes in Beneficial Ownership (4)
12/11/201516:27:14Statement of Changes in Beneficial Ownership (4)
12/11/201516:22:29Amended Statement of Beneficial Ownership (sc 13d/a)
12/09/201517:15:49Quarterly Report (10-q)
12/08/201516:06:15Statement of Changes in Beneficial Ownership (4)
12/08/201516:04:33Statement of Changes in Beneficial Ownership (4)
12/01/201517:30:00Autodesk SeeControl Enables the Future of Connected Products...
12/01/201517:30:00Autodesk Unveils Cloud-based Forge Initiative to Transform How...
12/01/201517:13:51Amended Statement of Beneficial Ownership (sc 13d/a)
12/01/201511:00:00Autodesk Declares a ‘New World Order’ in Construction Document Man...

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