The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
Other
–R.W. Baird lowered its estimates on OmniVision Technologies following weak results and guidance. New estimates are $1 rather than $1.44 for 2008 and $1.13 rather than $1.58 for 2009.
–Standard & Poor’s Ratings Services placed its ratings on Convergys Corp. on CreditWatch with negative implications following the company’s announcement that that it is considering potential separation of its information management business into a separate entity. “We view such a potential event as increasing the company’s business risk profile due to reduced diversity and because the billing segment is the strongest and most profitable part of the company,” said Standard & Poor’s credit analyst Naveen Sarma.
Financial ratings wrap-up: Convergys and OmniVision
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The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants