| Sigma Designs, Inc. Schedules Conference Call to Discuss Fiscal Third Quarter Financial Results |
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--(www.FinancialNewsUSA.com)-- 11/29/2009 - Most Popular industry news provided by Financial News USA. Sigma Designs (NASDAQ:SIGM), a leader in networked home entertainment silicon solutions, announced today that it will report its fiscal third quarter 2010 financial results following the close of regular trading on Wednesday, December 2, 2009. At 2:00 pm Pacific Time, Sigma(TM)s management will conduct a conference call. Thinh Tran, chief executive officer, Thomas Gay, chief financial officer, and Ken Lowe, vice president of strategic marketing will discuss the revenue and earnings for the quarter as well as the business outlook, followed by a question and answer session. South Koreans got their first taste of the iPhone on Saturday as the multifunctional communication and entertainment device made its long awaited debut in one of the world's most technologically sophisticated societies. Though already available in other Asian countries such as Japan -- where it went on sale last year -- the slim smartphone got a late start in South Korea amid regulatory hurdles and tough negotiations between manufacturer Apple Inc. and a local telecommunications company. But the waiting finally came to an end for about 850 South Koreans who took possession of their coveted iPhones at a boisterous official launching event in Seoul characterized by blaring music and flashing lights. "I'm really happy because I waited for a long time," said Kim Min-ju, a dentist who traveled to Seoul from the regional city of Cheongju. Bailed-out Bank of America amended the salaries of two senior executives after a review by the White House pay czar, according to a regulatory filing. Chief Financial Officer Joe. L. Price and mortgage unit President Barbara J. Desoer will earn less salary in 2009 than they did last year following approval by the officer of the special master for TARP Executive Compensation, Bank of America said in papers filing with the Securities and Exchange Commission. The Charlotte, N.C.-based bank remains under scrutiny after receiving $45 billion in bailout funds as part of the Treasury Department's $700 billion financial rescue package. Unlike some rivals, it has not said when it will pay back the government the money from the Troubled Asset Relief Program, or TARP. In the filing submitted late Friday, Bank of America said it amended the 2009 compensation agreements for Price and Desoer. Price's salary was trimmed to $500,000, retroactive to Nov. 1. Shoppers who endured long lines and sometimes-frigid temperatures spent only slightly more during their Black Friday shopping sprees than they did last year, according to data released Saturday by a research firm. At the same time, their pajama-clad counterparts, a much smaller group that accounted for only a fraction of overall sales, shopped online from the warmth of their homes and dramatically boosted their spending. More than a year after the economy's collapse began rattling shoppers, industry observers said Friday's shopping sprees offered a strong start to the holiday season. "We have struggled for a long time and one of the ways for the economy to get going again is for the consumer to begin to spend more freely," said Bill Martin, co-founder of research firm ShopperTrak, which released its sales figures Saturday. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com. 
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