Wolfson Microelectronics Plc survived three “innovate or die moments” four years ago, said Chief Executive Officer Mike Hickey. Now, the semiconductor developer has a vision of its future in voice-activated consumer products including smartphones, fridges and washing machines.
Wolfson Microelectronics Plc , a U.K. semiconductor maker for consumer electronics products, expects to be profitable this year for the first time since 2008 if sales keep rising, Chief Executive Officer Mike Hickey said.
Take-Two Interactive Software Inc. , publisher of “Grand Theft Auto” video games, rose 7.3 percent after reporting an unexpected profit and boosting its outlook on sales of the new release “Red Dead Redemption.”
Take-Two Interactive Software Inc. , publisher of the “Grand Theft Auto” video games, reported an unexpected third-quarter profit and boosted its earnings outlook on sales of the newest release, “Red Dead Redemption.” The shares rose as much as 21 percent.
Wolfson Microelectronics Plc fell to its lowest since March last year in London trading after the U.K. semiconductor maker forecast second-half revenue will be “flat” compared with a year earlier as consumer demand slows.
Zynga Inc.’s operations are getting the least credit in public markets among Internet media companies, and management’s refusal to consider a sale as growth slows is blocking an avenue for shareholders to recoup losses.