GLENVIEW, Ill. (AP) -- Illinois Tool Works reported second-quarter revenue dropped 26% year-over-year to $3.39 billion, and earnings fell 67% to $176.6 million.
SAN JOSE – The 90-day moving average orders for North America-based semiconductor equipment manufacturers was $323.4 million in June continuing the sector's five-month long recovery.
TORONTO -- Adeptron Technologies has signed a deal to provide electronics manufacturing services to a major division of an OEM of scientific instruments and laboratory automation and integration equipment. The deal will be worth $1 million in 2010, with sales having already started in 2009.
OLATHE, KS -- Elecsys reported fourth-quarter sales plunged 41% to $4.08 million for the period ended April 30.
SAN JOSE -- A stay order permitting several large semiconductor companies to sell chips said to infringe on Tessera patents has expired, and the International Trade Commission thus far has chosen not to intervene.