Shares of Linear Technology Corp. rose more than 3 percent Wednesday, a day after the company reported more than double net income in the third quarter.
Milpitas-based Linear Tech (NASDAQ:LLTC) shares were at $30.61 in midday trading.
Late Tuesday the company reported third quarter net income of $100.6 million, or 44 cents a share, compared to $49.3 million, or 22 cents a share in the same quarter last year.Read more: Linear Tech more than doubles Q3 profit - Silicon Valley / San Jose Business Journal:
http://www.bizjournals.com/sanjose/stories/2010/04/12/daily42.html
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