Santa Clara News
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XenoPort Inc., the maker of the drug Horizant for Restless Legs Syndrome, sank the most in almost three years after an experimental medicine failed to meet goals of a late-stage clinical trial.
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Applied Materials Inc., the largest producer of chipmaking equipment, forecast fiscal third-quarter profit and sales that may fall short of some analysts’ estimates as contract manufacturers hold off on plant upgrades.
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Canada’s Supreme Court dismissed Eli Lilly & Co.’s request to appeal a federal court decision that invalidated its Canadian patent for schizophrenia drug Zyprexa.
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U-blox AG, a Swiss maker of positioning-system chips, rose to the highest price in more than two years after agreeing to work with Intel Corp. to make smaller 3G modems.
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Traders are standing by Platts, the company that provides benchmark prices for much of the world’s energy products, amid a European probe into market manipulation.
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Intel Corp.’s Brian Krzanich, who took over today as chief executive officer, said the world’s largest computer chipmaker has the assets it needs to accelerate a push into mobile devices.
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Advanced Micro Devices Inc. won a court order barring ex-employees who went to competing chipmaker Nvidia Corp. from disclosing trade secrets or soliciting former colleagues to join them.
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Leasing by San Francisco-area technology firms is slowing just as developers are poised to add 6.5 million square feet of office space to the city and Silicon Valley, the most construction in a dozen years.
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Nvidia Corp., the largest maker of chips for graphics cards in personal computers, today began taking orders for its Shield hand-held gaming device and said shipments get under way next month.
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Level Global Investors LP co-founder Anthony Chiasson was sentenced to 6 1/2 years in prison for using illegal tips funneled to him from analysts and company insiders to make more than $68 million for his hedge fund.
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