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The Maxtor Corporation, the world's biggest computer disk-drive maker, expects a wider-than-forecast second-quarter loss and lowered its sales estimate, citing price cuts and lowered demand.
Bernstein analyst Adam Parker also cut his 12-month price target for the semiconductor maker to $7 from $9, citing price pressures on DRAM spot and contract prices.
Begin with solar and cleantech: To be sure, several companies with more expensive products like Solyndra have faltered this summer, citing price declines and Chinese competition.
Citing price competition in the TV business as the main reason for the move, Hitachi said the plant will be used to produce projectors and chips instead.
Even The Times covered the significance of this rise in price and its effect on availability in an article published in October 2007 ("Citing Price Rise, U.S. and Mexico See Antidrug Progress").
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People in the industry like Mr. Tocci who have watched the national outfits operate elsewhere in the United States said such problems were not a surprise, citing price-fixing and antitrust cases in Georgia, Ohio, Florida, Pennsylvania and other states over the last 20 years involving these companies or their subsidiaries.
AT&T fell 64 cents, to $18.98, after lowering the revenue outlook for its business services unit, citing pricing pressures.
CORRECTION: A previous version of this article listed incorrect prices for AT&T's voice plans, citing prices at $20 higher than they actually were.
Financial companies cited price controls on debit card transactions.
The bank cited price pressures from the fiscal deficit, energy costs and the weaker rupee.
Antonen cited Price's consistency, noting that he allowed three earned runs or fewer in 28 of his 31 starts.
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