The semiconductor industry’s book-to-bill ratio was 0.99...

The semiconductor industry’s book-to-bill ratio was 0.99 in June, unchanged from May, the U.S. Semiconductor Assn., a trade group, reported. The ratio of 0.99 means that the industry received an average of $99 in new orders for every $100 of equipment shipped . . . Qintex Group of Australia has increased to between $500 million and $600 million the amount of equity financing it will use for its proposed purchase of United Artists. That would reduce the debt required to complete the buyout to no more than $100 million.