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Reuters alone with Atheros forecast, shares surge04.19.2010
Reuters was alone on April 19 in reporting that wi-fi chipmaker Atheros forecast a blowout second-quarter. Shares of the company surged 6 percent after the outlook headlines, and the next day rose 9 percent to a record high. The company, which counts Apple and Nintendo among its customers, makes chips for a wide array of applications and gadgets such as Bluetooth, ethernet, GPS, e-readers and gaming devices. Bloomberg and Dow Jones were not seen. |
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