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Sector Roundup: Memory Chips, Tobacco Source from: NEW YORK (AP) March 31 04/01/2008 Sector Roundup: Memory Chip Manufacturers Jump, Tobacco Companies Mostly Higher
Among the sector activity stories for Monday, March 31, from AP Financial News:
NEW YORK (AP) -- Memory chip makers' shares rose Monday after Asian memory chip makers said they will seek higher prices from customers after a year of depressed profit margins.
NEW YORK (AP) -- Shares of tobacco companies were mostly higher Monday afternoon after the Altria Group Inc. holding company spun off its international cigarette operations into a separate company, Philip Morris International, while its U.S. counterpart Philip Morris USA sells cigarettes domestically. Enditem
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