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WASHINGTON -- New orders for durable goods fell 2.5% sequentially in June on slower orders for transportation gear, the US Commerce Department reported. Read more ...

NORTH BILLERICA, MABTU International Inc. reported second-quarter net sales of $10.8 million, down 47% compared to the same quarter a year ago, and up 10% sequentially.

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ELKHART, INCTS Corp. today reported second-quarter revenues of $120.4 million, down 35.4% year-over-year, and up 2% sequentially.

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SAN JOSE -- Flextronics has reportedly agreed to the sale of Nortel's wireless technology assets to Ericsson, paving the way for the deal to be finalized.

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SAN JOSE -- Agilent Technologies has entered into an agreement to acquire Varian Inc. for $1.5 billion in cash. Read more ...

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