Thursday, March 29, 2007

Stocks rise, oil slips

(Reuters) - Shares in RF Micro Devices Inc. are in focus after the maker of analog chips used in mobile phones confirmed its fourth-quarter results guidance, but said a shortfall in demand from a key customer will hurt its first-quarter results.

Shares of the company fell nearly 6 percent to $6.67, after closing at $7.07 on the Nasdaq on Wednesday.


Read more at Reuters.com Business News

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