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☆ 5 best exercises for building upper-body muscle when you're short on time at the gym, according to a top coach
▼ + stars: | 2024-03-25 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +7 min

Here are five upper body exercises to hit to grow your arms, shoulders, chest, and back. Related stories"It's going to work upper back muscles, it's going to work your lats, it's going to work your traps," Wilson said. "So the more you can get crossover between muscle groups being used within one exercise, the more you're going to maximize your time efficiency factor." AdvertisementThink about rep range to maximize timeIf time is of the essence, assess what rep range you're working in. Advertisement"It's challenging enough with a heavy load where you're not knocking out rep after rep after rep, and then you're not going to need huge recovery time," Wilson said.

Persons: —, Cliff Wilson, Wilson, it's, they're, Vladimir Sukhachev, they've, You've Organizations: Service, Research Locations: pecs, triceps

☆ 17 celebrities you probably didn't know were Irish
▼ + stars: | 2024-03-14 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Nicole Kidman has Australian, Hawaiian, Scottish, and Irish influences in her life. Jordan Strauss/AP ImagesWhen you think of Kidman, the first thing you think of might be her Australian accent. Speaking to Independent.ie in 2014, Kidman said her father's ancestors traveled from Ireland to Australia as free settlers in 1839. We come from the line of the Callaghors and, obviously, how I look, you know, I have Irish skin," Kidman said. Kidman famously starred in "Far and Away" — with an Irish accent — alongside her then-husband Tom Cruise in 1991.

Persons: Nicole Kidman, Jordan Strauss, Kidman, Tom Cruise Locations: Ireland, Australia, Northern Ireland

☆ The rise of 'zombie' VCs puts startups that took funding from them in a difficult spot
▼ + stars: | 2024-03-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

What's on deckAdvertisementBut first, zombie, zombie, zombie-ie-ie-ie. AdvertisementThat's why zombie VCs pose such a problem for the industry. Sussing out the prudent investor from the penniless one takes time and effort, two things startups can't necessarily afford when times are tough. AdvertisementIs having a zombie VC as an investor the equivalent of a scarlet letter? If a partner jumps ship from a zombie VC, startups they backed will be in a tough spot.

Persons: —, here's, Insider's Ben Bergman, Ben, it's, Alyssa Powell, Morgan Stanley, Goldman Sachs, Ray Dalio isn't, Sundar Pichai, Marissa Mayer, Yahoo's, Cory Doctorow, He's, Smashmallow, they've, Jack Teixeira, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, BI, Bridgewater, Bank of America, Trading, Google, Canadian, Singapore Locations: There's, Silicon Valley, British, Singapore, Israel, New York, London, Chicago

☆ Markets want to see a 'one-round' Indonesia election, says Maybank Sekuritas Indonesia
▼ + stars: | 2024-02-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets want to see a 'one-round' Indonesia election, says Maybank Sekuritas IndonesiaWilianto Ie, president director of Maybank Sekuritas Indonesia, says markets will react positively to a one-round election, but the focus will then shift to the make-up of the Cabinet.

Persons: Maybank, Ie Organizations: Markets Locations: Indonesia

Shanker also raised his price target to $80 from $75, suggesting nearly 34% downside from Friday's close. — Spencer Kimball 8:16 a.m.: Loop Capital upgrades Corteva, touts growth acceleration in 2025 Corteva's stronger-than-expected 2024 full-year guidance will jumpstart a period of strong growth, according to Loop Capital. The firm upgraded the agricultural chemicals company to buy from hold and increased its price target to $65 from $57. Analyst Jay Sole upgraded Urban to neutral from sell and upped his 12-month price target by $20 to $41. Kaufman's $183 price target indicates roughly 6.3% downside for shares, which have fallen more than 18% over the past year.

Persons: headwinds, Morgan Stanley downgrades XPO, Morgan Stanley, Ravi, Shanker, — Michelle Fox, Julien Dumoulin, Smith, Duke's, — Spencer Kimball, Chris Kapsch, Kapsch, Brian Evans, Cassie Chan, they'll, Chan, —, Jay Sole, URBN, Sole, Urban's, — Pia Singh, Filippo Falorni, Falorni, Hershey, Stanley, Pamela Kaufman, Kaufman's, Hershey's, Kaufman, Graham Doyle, Doyle, Piper Sandler, David Amsellem, Amsellem, Amsellam, Christopher Horvers, Jan, Horvers, Fred Imbert, Dan Levy, Levy Organizations: CNBC, Barclays, Automotive, JPMorgan, Corp, Bank of America, Bank of America downgrades Duke Energy, Duke Energy, Duke, Wall, America, UBS, Urban Outfitters, Free People, Urban, Citi, PepsiCo, Citi Research, Pepsi, Hershey, GE Healthcare Technologies, UBS GE Healthcare Technologies, Pharmaceutical, Teva Pharmaceutical, Federal, Barclays downgrades Rivian, Rivian Automotive, North American EV Locations: Bank of America downgrades, GEHC, David Amsellem U.S

☆ Here are Monday's biggest analyst calls: Netflix, Nvidia, Apple, Meta, Lowe's, Walmart, Target, Pepsi & more
▼ + stars: | 2024-02-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades Lowe's to overweight from neutral JPMorgan said investors should buy the stock ahead of earnings later this month. JPMorgan reiterates Netflix as overweight JPMorgan said it's standing by its overweight rating on shares of Netflix. Loop reiterates Meta as buy Loop raised its price target on the stock to $550 per share from $440. Loop reiterates Alphabet as hold Loop raised its price target on the stock to $155 per share from $140. " UBS reiterates Target as buy UBS says Target shares are "compelling."

Persons: Evercore, it's, wouldn't, Rivian, Piper Sandler, Piper, Jefferies, Willis Towers Watson, URBN, Morgan Stanley downgrades Hershey, Morgan Stanley, Morgan Stanley downgrades XPO, Stifel, Raymond James downgrades, Raymond James, Melius, Roth, Guggenheimer, Guggenheim Organizations: Apple, Barclays, Walmart, EV, JPMorgan, generics, UFC, WWE, Netflix, Citi, Willis, PepsiCo, PEP, LT, UBS, Urban Outfitters, Google, 4Q, Bulls, Target, Bank of America, of America, Bank of America downgrades Duke Energy, Duke Energy, Brands, Nvidia, Deutsche Bank, Industries, Deutsche, SilverBow Resources Locations: U.S, Bank of America downgrades, NWL, Republic, Mohawk

Historically, Asian Americans have been stereotyped as more brains than brawn or treated as foreigners in U.S. sports. Growing up Asian and Black American or “Blasian” in Orange County, California, Remigio didn't feel a sense of belonging. Historically, in U.S. sports, Asian American men have been treated as outsiders and their masculinity questioned. Asian Americans are always kind of troubling and in this liminal space of a black-white binary, even in sports.”Arnaldo, who co-edited the book “Asian American Sporting Cultures,” said it makes business sense for the NFL to try to appeal to Asian American spectators. There are at least two dozen NFL players of Asian or Pacific Islander descent, according to AMAZN HQ, an online hub curating news on Asians and Asian Americans in sports.

Persons: Nikko Remigio, Travis Kelce, Taylor Swift, haven't, grandpa —, ”, Remigio, HEE, Manumalo, Troy Polamalu, Tua Tagovailoa, Muasau, Jake, “, ” Muasau, “ They’re, ” Remigio, Constancio Arnaldo Jr, ” Arnaldo, Eugene Chung, Younghoe Koo, Camryn Bynum, Bynum, Instagram, they're, Tang Organizations: Nikko, Super Bowl, Kansas City Chiefs, NFL, The League, Las Vegas, Pacific, Asian American Foundation, New York Giants, Tennessee Titans, Pittsburgh Steelers, Miami Dolphins, University of Nevada, Sporting, Football, NBA, Major League Baseball, Korean, The Institute, Diversity, Pacific Islanders, Atlanta Falcons, South, Minnesota Vikings Locations: Las Vegas, Philippines, Kansas, Pacific, Hawaiian, Hawaii, Tua, he's, Orange County , California, Asia, Mexican American, South Korea, California, Berkeley, Phoenix, @ttangAP

☆ Apple wants to know what developers really think about its App Store changes. It may regret asking.
▼ + stars: | 2024-02-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewApple is about to find out what developers really make of its App Store shake-up . The iPhone maker has started to offer 30-minute online consultations to any app maker seeking to give feedback on a raft of controversial changes made to its App Store last month . To address lawmakers' concerns, Apple set about allowing third-party app stores onto iOS. AdvertisementFor one, it can expect to hear strong thoughts about rules dictating which third-party app stores will be allowed onto its operating systems. That said, it's still open to talk about topics including alternative distribution on iOS, alternative payments in the App Store, and more.

Persons: —, Tim Sweeney, Daniel Ek, Don Emmert, Sarah Bond, Apple, Sweeney, It's, Zach Meyers, it's Organizations: Service, Union's, Business, Apple, EU, Epic, iOS, Getty, Center, European Locations: Cupertino , London, Singapore, AFP, @Zach_CER

☆ A remote Irish island is looking for 2 people to run its guesthouses this summer — but the managers say it isn't an easy holiday job
▼ + stars: | 2024-01-17 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +5 min

Billy O'Connor and Alice Hayes told Business Insider that their company, The Great Blasket Island Experience, is hiring two caretakers to run their operations on Great Blasket Island from April 1 to October 1. The couple's company offers tours and accommodation on the Great Blasket Island. The Great Blasket Island is the largest. the couple told BI. Great Blasket Island can only be accessed during the summer.

Persons: —, Billy O'Connor, Alice Hayes, Emily Campbell, Daniel Regan, O'Connor, Hayes Organizations: Service, Business, The Irish Times, BI, Irish Times, Irish Locations: Ireland, Blasket, Canadian

☆ 7 weird jobs that are well-paying but nobody knows about, according to a viral Reddit thread
▼ + stars: | 2023-11-30 | by ( Aria Yang | ) www.businessinsider.com time to read: +5 min

A Reddit user asked what are weird jobs nobody knows about but pay well. AdvertisementA Reddit user asked which jobs were relatively unknown but lucrative and the post went viral. Teeth designerA Reddit user said he makes teeth on a computer using CAD/CAM software for dental laboratories. Artificial flavor makerOne Reddit user wrote, "My dad was a master flavorist. Reddit user solarblack wrote, "My Aunt and her daughter both do seasonal work as hand pollinators and harvesters.

Persons: Redditors, —, IndependenceNo2060, Loreo1964, die_lahn, solarblack Organizations: Service, Business, Heineken

☆ Alphabet CEO Sundar Pichai defends Google's search deals in antitrust trial
▼ + stars: | 2023-10-30 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

The lack of competition in general search tools, the government argues, deprives consumers of improved quality and choice. In that version, Microsoft planned to build search into its toolbar so that users did not need to download separate extensions to search from that part of the browser. The search engine for that module would be determined by whatever users picked in the previous version of IE. Pichai testified that to his knowledge, "not a single user" used the IE setting in the earlier version of the browser to change the search engine from Microsoft's. Google had "proposed instead that users be prompted to select the default search provider the first time they use the inline search feature," Drummond wrote in the 2005 letter.

Persons: Sundar Pichai, Pichai, Google's, David Drummond, Microsoft's, Brad Smith, Drummond, Meagan Bellshaw, Bellshaw Organizations: Apple, of Justice, Google, Microsoft

☆ Chipotle says it's going to hike prices to help pay for new $20 per hour wage hike for workers in California
▼ + stars: | 2023-10-27 | by ( Grace Dean | Nancy Luna | ) www.businessinsider.com time to read: +4 min

Chipotle separately just raised menu prices by 3%. Minimum wages for fast-food workers in the state will increase to $20 an hour in April 2024 under a new law signed by Governor Gavin Newsom. California's current minimum wage is $15.50 and it's set to rise to $16 in January – more than double the federal minimum wage of $7.25. Chipotle execs said during the company's earnings call on Thursday that it had recently raised menu prices by 3%. Chief Financial and Administrative Officer Jack Hartung told investors that this month's hike "does not consider any part of the California wages that'll happen next year."

Persons: Chipotle, hasn't, —, Gavin Newsom, Chipotle execs, Jack Hartung, Hartung, Erin Wolford, Newsom Organizations: Service, Consumer Locations: California, Chipotle

☆ Web Summit CEO Paddy Cosgrave steps down in wake of controversy over his Israel comments
▼ + stars: | 2023-10-21 | by ( Lakshmi Varanasi | Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Paddy Cosgrave, the CEO of Web Summit, announced Saturday he's stepping down immediately. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementPaddy Cosgrave, the CEO of Web Summit, said Saturday he was resigning with immediate effect. The conference — one of Europe's biggest tech events — is to take place November 13 to 16 in Lisbon, with 70,000 delegates, a Web Summit spokesperson previously told Insider. A representative said a new CEO would be appointed as soon as possible and that the conference would proceed as planned.

Persons: Paddy Cosgrave, Cosgrave, — Organizations: Web Summit, Service, Web, Intel, Siemens Locations: Israel, Geneva, Lisbon

☆ Web Summit CEO Paddy Cosgrave resigns after backlash to Israel-Hamas war comments
▼ + stars: | 2023-10-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Paddy Cosgrave, the chief executive of Web Summit, stepped down Saturday after several Big Tech companies withdrew from the company’s upcoming annual technology conference over his comments on the Israel-Hamas war. On Tuesday, Cosgrave posted a nearly 600-word statement on Web Summit’s blog to apologize and clarify his stance. A spokesperson for Web Summit told CNN that the company will appoint a new CEO as soon as possible. “Web Summit 2023 in Lisbon will go ahead as planned,” the spokesperson added. Cosgrave, 41, co-founded Web Summit in 2009 with David Kelly and Daire Hickey.

Persons: CNN — Paddy Cosgrave, ” Cosgrave, “, ”, Cosgrave, unreservedly, David Kelly, Daire Hickey Organizations: CNN, Web, Big Tech, Ministry of Health, Amnesty, Google, Siemens, Amazon, Web Summit Locations: Israel, Gaza, Geneva, Lisbon

☆ Calls for AI regulations to protect jobs rise in Europe after ChatGPT's arrival
▼ + stars: | 2023-10-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI's ChatGPT and Google's Bard. Last year, 58% of people responded to IE University's study saying they think that AI should be regulated. Standing out from the rest of Europe, Estonia is the only country where this view decreased — by 23% — from last year. Generally, though, the majority of people in Europe are favorable of governments regulating AI to stem the risk of job losses. It comes as governments around the world are working on regulation for AI algorithms.

Persons: Google's Bard, Lionel Bonaventure, Ikhlaq Sidhu, Sidhu Organizations: Microsoft, Getty, IE University, IE, SciTech, IE University's, European Union Locations: Europe, Estonia

☆ BlackRock bond chief Rick Rieder manages $2.4 trillion. He shares 5 trades he's most bullish on right now — and 3 criteria that need to be met for him to start buying 10-year Treasurys.
▼ + stars: | 2023-10-02 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

Exchange-traded funds like the Vanguard Short-Term Treasury ETF (VGSH) and the SPDR Portfolio Short Term Treasury ETF (SPTS) also offer exposure. One way to gain exposure to the assets is through funds like the Schwab 5-10 Year Corporate Bond ETF (SCHI) or the iShares Euro Investment Grade Corporate Bond Index Fund (IE). Finally, Rieder said he likes corporate paper, which are essentially short-term bonds issued by corporations. I know what my return is going to be a year ahead — it's going to be 6.5% for single-A issuers. The BlackRock Ultra Short-Term Bond ETF (ICSH) and the Vanguard Short-Term Corporate Bond Index Fund (VCSH) offer exposure to corporate paper.

Persons: Rick Rieder isn't, Rieder, — it's Organizations: CNBC's, Alpha, Bureau of Labor Statistics, of Labor, Exchange, Treasury, Corporate, Index, BlackRock, Bond Locations: BlackRock, New York, Europe, United States

Spanish farmer Miguel Moreno was an early adopter of so-called cover crops. Spain's drought-hit olive oil production slumped to 663,000 tonnes last year, less than half the average of 1.45 million tons recorded in the previous four harvests, according to the government. In January, it began subsidising farmers who use cover crops as part of the new Common Agricultural Policy (CAP). She said the company was pushed both by customers such as Walmart in the U.S. and by regulation to buy olive oil from producers using sustainable practices. Ecology professor Manzaneda is also coordinator of EU-funded project SOIL O-LIVE and is testing methods for coaxing Albacete's degraded earth back to health.

Persons: Chiclana de Segura, Jon Nazca, Andrea Ronca, Miguel Moreno, Angel, Dcoop, Gonzalo Delacamara, Emilio Gonzalez, Antonio Manzaneda, Manzaneda, Olive, Syngenta, Luis Miranda, Domingo, Marco Trevisan, Dean, Simone Rech, Catalonia's Cava, Sebastiano Conti, Charlie Devereux, Antonella, Corina Pons, Keith Weir, Frank Jack Daniel Our Organizations: REUTERS, Companies Southern, VILLANUEVA DEL ARZOBISPO, Farmers, European Union, of Nutrition, Plant Science, IE, Water, University of Cordoba, University of Jaen, European, Walmart, Swiss, Syngenta, EU, TECH, Smart, Milan Polytechnic, University of Brescia, of Agricultural Sciences, Catholic University of Piacenza, Thomson Locations: Olive, Chiclana, Jaen, Spain, ROME, Italy, Madrid, European, France, Germany, Mantua, Andalusia, European Union, U.S, ITALY, Treviso, Venice, Sicily

☆ Sean Paul Is Still Busy
▼ + stars: | 2023-08-16 | by ( Iva Dixit | ) www.nytimes.com time to read: +3 min

Long before he became the bandannaed and cornrowed Sean Paul who entranced the American public, Sean Paul Ryan Francis Henriques was just another young offshoot of Jamaica’s famous Henriques clan, one of the oldest Jewish families on the island, who immigrated there from Portugal in the 17th century. Kingston is a city that takes parties seriously, and the sound system was a key 20th-century innovation — a portable setup of amplifiers, turntables and mountains of speakers, all orchestrated by a D.J. Paul and his younger brother, Jason, were both enamored of this family business; Jason actually recalls falling asleep in a bass box as a child. When Paul was 13, his father was convicted of manslaughter and sentenced to 15 years in prison. This devastated Paul — not because his father had been much of a presence in his life but because what little he had of him would now be gone.

Persons: Shaggy, Paul, bods, Sean Paul, Sean Paul Ryan Francis Henriques, Jamaica’s, Henriques, Jason, Michael Jackson, Garth, Frances, Paul —, “, I’ll, ” Organizations: YouTube, Uptown Locations: sighs, Long, Portugal, Uptown Kingston, Kingston, Mexico

☆ Huuuge plans to release first PC games in H2
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +1 min

May 31 (Reuters) - Polish mobile games developer Huuuge (HUGP.WA) plans to release its first PC games on the Steam platform in the second half of the year, Deputy CEO Maciej Hebda said on Wednesday. Steam is the biggest distributor of PC-based video games. Huuuge also plans to release in the second half of this year browser versions of two flagship titles, "Huuuge Casino" and "Billionaire Casino". In the first quarter, "Huuuge Casino" and "Billionaire Casino" were responsible for generating as much as 95% of the group's revenue. Reporting by Maria Gieldon in Gdansk; editing by Jason Neely and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Maciej Hebda, Huuuge, Hebda, Maria Gieldon, Jason Neely, Emelia Organizations: Steam, Thomson Locations: Polish, Gdansk

Spain has one swimming pool for every 37 residents, and these, too, are now in the spotlight. While her swimming pool has been empty for five years since her children grew up, Garcia, 61, said the town has been stigmatised unfairly for its pools. Pools are being used as a scapegoat for a lack of coherent water policy in Spain, she said. It is a sentiment shared by Gonzalo Delacamara, director of the IE Centre for Water & Climate Adaptation in Madrid. While the use of water to fill swimming pools during a drought is irresponsible, the bulk of Spain's water resources are taken by the agriculture sector, accounting for 70% of water usage, he said.

☆ Analysts see even more gains ahead for Meta Platforms after latest earnings report
▼ + stars: | 2023-04-27 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Analysts liked what they saw from Meta Platform 's latest earnings report. The company projects revenue between $29.5 billion and $32 billion, while analysts expected sales of $29.5 billion, per Refinitiv. Goldman's Eric Sheridan also hiked his price target to $300, noting Meta maintained its momentum from the fourth quarter of 2022. Meanwhile, Bank of America's Justin Post noted that Meta's revenue recovery can drive the next leg higher for the stock. He also hiked his price target on Meta shares to $305 from $270, implying upside of 45.6%.

☆ JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones.
▼ + stars: | 2023-03-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

JPMorgan Chase kept bags of stones in a Dutch warehouse thinking they were nickel, according to the WSJ. The owner of the bags is reportedly JPMorgan Chase, according to the Journal. Had they contained nickel, the bags would have been worth $1.3 million at current prices, representing 0.14% of nickel inventories, Bloomberg reported. JPMorgan Chase reportedly bought the bags years ago and remains an active player in big metals, the Journal said. JPMorgan Chase and the LME also did not immediately respond to Insider's request for a comment.

☆ I thought I was an introvert, but what if I'm just a shy narcissist instead?
▼ + stars: | 2023-03-20 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

Insider's new work-advice column centers on a shy introvert who worries she might be a narcissist. I always thought that because I wasn't aggressive or self-aggrandizing, I couldn't possibly be a narcissist. To be clear, I'm not a professional shrink — and I'm not above getting carried away by the gospel of online personality quizzes (ahem! You're an introvert or, perhaps, a highly sensitive person, depending on the theory you subscribe to. "You might not like your manager's solution, but they may have identified a problem that you hadn't thought of.

☆ JPMorgan downgrades electric vehicle stock Nio, says expectations are too high
▼ + stars: | 2023-03-02 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to step to the sidelines on Chinese electric vehicle maker Nio after its latest quarter, according to JPMorgan. Analyst Nick Lai downgraded Nio to neutral from overweight, saying it will be increasingly challenging for the electric vehicle maker to deliver on high expectations. He said that the firm's fourth-quarter results were a miss because of vehicle margin contraction. The analyst's new December-2023 price target is $10, down from $14, which implies upside of roughly 13%. The firm reduced its price target to $10, from $18.

☆ Reshoring is accelerating—These stocks should benefit as companies return to the U.S.
▼ + stars: | 2023-02-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Reshoring declarations are amping up, as more companies look to return operations to the United States from overseas. Corporate reshoring announcements jumped 17% in the fourth quarter compared with the prior quarter and are now tracking nearly 300% higher than the fourth quarter of 2021, according to UBS. In fact, reshoring and foreign direct investments jobs reached a record of at least 360,000 jobs last year, according to the Reshoring Initiative. The move back to the U.S . can also be seen in corporate earnings, said Ron Graziano, managing director of global accounting and tax for Credit Suisse. The company's equipment is needed for big semiconductor manufacturing plants as companies test chips as they are produced, Snyder said.

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