Mellanox Technologies Ltd.’s price target was cut the most among the world’s 374 largest technology companies after Apple Inc. as sales guidance missed analysts’ projections for the second time this month.
Americans, it would seem, can never read Ernest Hemingway's fiction without a picture of Hemingway the man in mind; the writer's mythology threatens to supplant the force of his work. If there is a comparable figure in Indian literature, it is Sadat Hasan Manto (1912-1955), whose centenary is May 11. Manto, who wrote in Urdu, was both the enfant terrible of his literary milieu and the sharpest and most disillusioned observer of the extraordinarily fascinating political currents of his age.
Radware Ltd., the Israeli technology company trading at double valuations relative to the Nasdaq telecommunications index, rose to a two-week high in New York after receiving orders from social networking companies.
Seagate Technology Plc , the disk- drive maker that ended takeover talks with TPG Capital, also turned down a proposal from competitor Western Digital Corp., according to two people with knowledge of the matter.
Apple Inc.’s iPad and other tablets may not sell as well as analysts had estimated as customers cut back spending on new technology or opt for new smartphones and laptops instead, according to Rodman & Renshaw LLC.
Aditya Birla Nuvo Ltd. and Tata Chemicals Ltd. may lead $9 billion of spending to increase India’s urea capacity by almost 50 percent, spurred by a government policy guaranteeing returns on investments.