SAN JOSE, CA – Magma Design Automation Inc. reported fourth-quarter sales dropped 104% from last year to $34.1 million. For the fiscal year, sales fell 31% to $147 million.
ARLINGTON, VA -- Consumer confidence in the overall economy moved up sharply in May, according to new figures from the Consumer Electronics Association. The data also show that consumers continue to feel more confident about future spending on technology and consumer electronics.