Flash Memory-Chip Maker Spansion Rises On Q1 Report
Flash memory-chip maker Spansion (CODE) late Tuesday reported in-line earnings per share on better-than-expected sales. Investors liked what they saw. Shares of the Sunnyvale, Calif.-based company rose 3.4% to 18.15 in afternoon trading on the stock market today. The stock also got a lift from a report Tuesday by GuruFocus that high-profile investor George Soros has purchased 5.11% of Spansion. Spansion earned 18 cents a share, ex items, matching