Business briefs

Written By Unknown on Jumat, 22 Maret 2013 | 10.46

Buff's in bucks

Warren Buffett is once again the world's third-richest person. The 82-year-old investor has a net worth of $54.6 billion, according to the Bloomberg Billionaires Index.

Go, DRAM it!

Memory chipmaker Micron Technology posted a quarterly net loss, but its revenue beat expectations as it sold more DRAM chips, sending shares 4.1 percent higher in after-hours trading.

Cisco fizzles

Cisco Systems, the world's biggest maker of computer networking equipment, slid 3.8 percent to $20.84 after an analyst cited reduced demand for the company's components.

Going home

The sale of previously owned homes rose to a three-year high as Americans took advantage of borrowing costs that were still near record lows.

Zynga zinger

Online game publisher Zynga relaunched its website yesterday, allowing users to play its games without first signing on to Facebook, a step toward establishing its independence from the social media behemoth.

Reuters

Copyright 2010 Thomson Reuters. Click For Restrictions


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