GLENVIEW, IL -- Illinois Tool Works reported fourth-quarter organic revenue was down 0.3% year-over-year at its Test & Measurement and Electronics unit.

MILPITAS, CA — North America-based semiconductor equipment manufacturers posted 90-day average orders of $1.99 billion in December, according to the SEMI trade group.

LOS ANGELES -- A group of major OEMs is asking a California court to dismiss anti-trust claims by Flextronics, arguing that the contract assembler failed to show how it was harmed in an alleged price-fixing case.

CLAREMONT, CA -- Seventy percent of US executives responding to a survey on near-sourcing expect it to increase within the next five years.