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STMicroelectronics was awarded $400 million in damages as a resolution of its law suit against Credit Suisse Securities USA that charged the brokerage unit of the Swiss investment bank with misleading Read More → 
Spansion, the Sunnyvale flash-memory maker, chose to borrow $74.8 million of the $85 million available to it under an agreement with UBS, the Swiss investment banker that holds auction-rate securities Read More → 
Foundry Networks said Tuesday it managed to sell its portfolio of auction rate securities, netting an estimated $38.8 million in the process. The news opened the way Read More → 
Conceptus is the latest company to reach an accord with fund manager UBS over auction-rate securities Conceptus owns that are held by UBS, according to an SEC filing it made Tuesday Read More → 
Telik, the unprofitable Palo Alto developer of cancer and diabetes drugs that has built up an accumulated loss of $479.5 million, got some good news Friday, even if it is Read More → 
Shares of Vermillion, the Fremont company formerly known as Ciphergen Biosystems that develops medical diagnostic tests, were delisted from the Nasdaq stock market last week after failing to lift its Read More → 
