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Corporate Summary

•    Shares of semiconductor stocks got a boost after integrated-circuit manufacturer Linear Technology Corp.’s (NASDAQ:LLTC) projected that third-quarter revenue would come in above estimates and also raised its quarterly dividend by more than 4%

•    Share prices of internet company Yahoo Inc. (NASDAQ:YHOO) surged after the company's co-founder Mr. Jerry Yang resigned from the services of the company

•    Electronic payment system company Net 1 UEPS Technologies Inc.’s (NASDAQ:UEPS) said it had won a contract in South Africa. Under the terms of the contract, Net 1 UEPS will provide payment services for social grants

•    According to a Bloomberg report, there is a possibility that government funding to repay school loans may be reduced. Following the report, share prices of all major for-profit educators including Apollo Group (NASDAQ:APOL), Capella Education (NASDAQ:CPLA) and DeVry Inc (NYSE:DV) declined