MEMC Electronic Materials Inc. said today that it will lay off 200 workers of its Korean-based subsidiary, as it cuts deeper to align manufacturing abilities with lower production needs.
The Korean operations are a joint venture between MEMC and Samsung Electronics…
Shares of wafer maker MEMC Electronic Materials Inc. slid today after the company issued an earnings outlook Thursday that fell below analysts’ expectations.
In afternoon trading, MEMC shares fell $2.96, or 16 percent, to $15.98, from Thursday’s close of $18.94. Today was…
MEMC Electronic Materials Inc. dropped its third-quarter earnings estimate to about $520 million to $540 million because raw materials delivery decreased after Hurricane Ike, the O’Fallon, Mo.-based company said today.
Although Ike did not do any major damage to MEMC’s plant…
Hurricane Ike did not cause any major structural damage to MEMC Electronic Materials Inc.’s plant in Pasadena, Texas, the O’Fallon, Mo.-based company said today.
MEMC, which makes silicon wafers for electronic applications and solar batteries, shut down its plant Thursday in…
MEMC Electronic Materials Inc. temporarily shut down its plant in Pasadena, Texas, starting today in preparation for Hurricane Ike.
The O’Fallon, Mo.-based company, which makes silicon wafers for electronic applications and solar batteries, said today that it expects operations to restart…
MEMC Electronics Materials Inc. said today that it is on target to meet its revenue predictions for the third quarter that ends Sept. 30.
The O’Fallon, Mo.-based company, which makes silicon wafers for electronic applications and solar batteries, said it expects revenue of…
Those of you who routinely tune-in to CNBC to watch the opening bell rung at New York Stock Exchange may recognize a familiar name Thursday morning.
The president and chief executive of MEMC Electronics Corp., Nabeel Gareeb, will ring the ceremonial opening bell that…
O’Fallon, Mo.,-based MEMC Electronic Materials Corp. gave its top executive a bonus of $931,600, the company reported Thursday in a filing with the Securities and Exchange Commission.The bonus, given to Nabeel Gareeb, MEMC’s president and chief executive officer, is a…
MEMC Electronic Materials Inc. laid off 90 employees this week from its O’Fallon, Mo., production site, a company spokesperson said Thursday. The company, which also has its headquarters in O’Fallon, said the cuts were necessary to better align employment with production…
