shares of LSI Logic Corp.(LSI.N: Quote, Profile, Research) , a maker of chips used in data storage and communications products, rose 13 percent after it raised its fourth-quarter revenue target.
The company said it expected a smaller net loss, citing strong storage and consumer demand.
The shares were trading at $5.70 on the electronic Inet brokerage, up from $5.02 where it closed on the New York Stock Exchange
The company said it expected a smaller net loss, citing strong storage and consumer demand.
The shares were trading at $5.70 on the electronic Inet brokerage, up from $5.02 where it closed on the New York Stock Exchange