Tag Archives: bad-request

Taiwan Semiconductor Exits Money Pit Solar Operations

Apple (AAPL) chipmaker Taiwan Semiconductor Manufacturing (TSM) announced Tuesday it would shutter its costly solar operations by month’s end. The move will likely reduce TSM’s EPS by 7 cents in Q3, Steve Tsu, chairman of TSM Solar, said in a company press release. Tsu said the company couldn’t turn a profit with its solar manufacturing and that even the most aggressive cost-reduction plan wouldn’t make the solar subsidiary viable. “TSMC continues

Netflix Strikes Telecom Pacts With SoftBank, T-Mobile

Netflix’s (NFLX) marketing partnership with SoftBank in Japan is a sign of more alliances to come involving telecom companies, says UBS. The SoftBank partnership, announced on Monday, is “further evidence that Netflix is becoming a core part of the telecom promotional rotation,” said UBS analyst Doug Mitchelson in a research report. SoftBank provides broadband and wireless phone services in Japan. It’s the largest shareholder in China’s e-commerce

Acorda Stock Jumps After Bass Patent Petitions Nixed

Biotech stock Acorda Therapeutics (ACOR) soared 18% in early trading in the stock market today, a day after a court dismissed a patent challenge in a move that could have wider implications in the drug space. Late Monday, Acorda announced that the Patent Trials and Appeal Board (PTAB) had declined to institute the inter partes review (IPR) requested on two patents related to multiple-sclerosis drug Ampyra. The challenger was Kyle Bass, principal