STMicro (STM) CEO Bozotti Positive on Growth in FY13
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STMicroelectronics (NYSE: STM) is leading tech stocks in early trading following positive comments made by its Chief Executive recently.
Reports out Tuesday have CEO Carlo Bozotti told Le Figaro that orders have been largely positive. The exec said he sees growth of 5 percent to 10 percent this year.
Though STMicro's ADRs are flat on the NYSE, its European traded shares are up about 4.3 percent Tuesday.
Reports out Tuesday have CEO Carlo Bozotti told Le Figaro that orders have been largely positive. The exec said he sees growth of 5 percent to 10 percent this year.
Though STMicro's ADRs are flat on the NYSE, its European traded shares are up about 4.3 percent Tuesday.
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