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TECH STOCKS: Chip Makers Hold Gains On Tech Retreat

By Jeffry Bartash Chip makers and related companies led technology stocks Monday, and managed to hold onto early morning gains, after a market updraft had carried the entire sector higher. Advanced Micro Devices Inc. (AMD) gained 2% and Micron Technology (MU) shares rose 1.7%. Shares of chip-software maker KLA-Tencor Corp. (KLAC), however, led the tech stocks in the S&P 500 Index (SPX) with a 4% gain. Not all companies held onto their early morning gains. EBay Inc. (EBAY) shares slipped into the red after being up nearly 2%. Similarly, shares of Apple Inc. (AAPL) and Cisco Systems Inc. (CSCO) retreated to modest gains after being up more than 1% earlier in the day. Shares of International Business Machines Inc. (IBM) and Qualcomm Inc. (QCOM) were up slightly after retreating from gains of more than 1%. The tech-heavy Nasdaq Composite Index (RIXF) was up about 0.2% at 2,313 points. Similarly, the Philadelphia Semiconductor Index (SOX) moved up 0.6% to 373.5 points, while the Morgan Stanley High Tech 35 Index (MSH) struggled to stay above water. Earnings reports begin trickling in for the tech sector this week. Software developer Adobe Systems Inc. (ADBE) on Tuesday will deliver second-quarter results to kick things off. On Thursday, Oracle Corp. (ORCL) will give its fiscal fourth-quarter report, while Research In Motion Ltd. (RIMM) is set to report first-quarter results. Apple will also get lots of attention on Thursday to mark the first day of sales for the new iPhone 4. In just one day last week, Apple said it had taken more than 600,000 preorders for the smart phone.

Stock News for Kla-tencor (KLAC)
07/19/201616:05:28Amended Statement of Changes in Beneficial Ownership (4/a)
07/14/201616:15:00KLA-Tencor To Release Fourth Quarter Fiscal Year 2016 Results...
07/11/201616:15:00KLA-Tencor Introduces Comprehensive Wafer Inspection and Review...
07/07/201616:58:50Statement of Changes in Beneficial Ownership (4)
06/13/201608:45:00Technical Scrutiny on Semiconductor Equipment & Materials Stocks...
05/27/201612:15:05Specialized Disclosure Report (sd)
05/16/201606:01:26Current Report Filing (8-k)
05/06/201617:39:08Statement of Changes in Beneficial Ownership (4)
05/05/201617:10:34Current Report Filing (8-k)
05/05/201616:15:00KLA-Tencor Declares Regular Cash Dividend For The Fourth Quarter...
04/26/201617:04:47Quarterly Report (10-q)
04/26/201616:36:47Current Report Filing (8-k)
04/26/201616:15:00KLA-Tencor Reports Fiscal 2016 Third Quarter Results
04/12/201616:15:00KLA-Tencor To Release Third Quarter Fiscal Year 2016 Results...
03/03/201617:48:11Statement of Changes in Beneficial Ownership (4)
03/01/201617:37:09Current Report Filing (8-k)
02/22/201615:00:23Amended Statement of Ownership (sc 13g/a)
02/19/201612:01:00Lam Research Stockholders and KLA-Tencor Stockholders Approve...
02/17/201616:23:05Filing of Certain Prospectuses and Communications in Connection...
02/12/201620:05:00CSX Corporation to Join the NASDAQ-100 Index Beginning February...

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