Agilent Technologies, a maker of test and measurement equipment for electronics, said it was cutting workers' salaries by 10percentt because of "dramatic slowing in customer demand".
Agilent Technologies, a maker of test and measurement equipment, reported a larger-than-expected loss for the fiscal third quarter today because of weak demand and disruptions caused by the installation of a companywide management system.
"The tax bill we passed is really good for the American economy and will make it more likely somebody is going to find a job," Mr. Bush said to hundreds of invited Republicans crowded into a hot warehouse of the Micro Control Company, a maker of test equipment for the electronics industry.
Agilent Technologies Inc., a maker of testing and measurement equipment, had a fourth-quarter loss partly because of severance costs.
Textron, a conglomerate whose businesses include helicopters and financing, agreed yesterday to buy the Tempo Research Corporation, a maker of testing equipment for the telecommunications industry.
Shares of HPL, a maker of testing software for the semiconductor industry, closed at $13.35, up $2.35 from the $11 offering price for the six million shares sold.
The bride, 38, is a lawyer at Agilent Technologies, a maker of scientific test and measurement tools in Santa Clara, Calif.
MKS Instruments, a maker of semiconductor test equipment, said yesterday that it would cut 118 jobs, or 7percentt of its work force, warning that its third-quarter results would fall short of earlier expectations.
IGEN INTERNATIONAL INC., Gaithersburg, Md., a maker of medical test equipment, said that F. Hoffman-La Roche, a unit of Roche Holding A.G., Basel, Switzerland, a maker of pharmaceuticals, vitamins and fine chemicals, had agreed to pay $5.7 million in legal fees and dismiss its patent-infringement suit against Igen.
On the other hand, Credence Systems, a maker of automatic test equipment used in the production of semiconductors, rose after Credit Suisse First Boston upgraded the company's stock from "hold" to "buy".
Inverness Medical Innovations Inc., a maker of fertility testing kits for women, paid Abbott Laboratories $92.5 million to gain rapid pregnancy tests and products used to detect drug abuse.
