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Stock Market & Financial Investment News

News Breaks
December 4, 2012
12:38 EDTLRCX, ACLSAxcelis sells assets to Lam Research for $10.72M
Axcelis Technologies disclosed that it (ACLS) and Lam Research (LRCX) entered into and consummated an asset purchase agreement pursuant to which Axcelis sold and Lam purchased certain intellectual property rights, a dry strip processing system and other assets relating to the company’s dry strip systems business in exchange for a cash payment of up to $10.72M. The purchased intellectual property rights include, among other things, worldwide patent rights, patent applications, copyrights, industrial designs, know-how and related rights used by the company in its dry strip business. Under the terms, $2M of the purchase price is deferred and payable in installments upon, and subject to, the completion of certain transition milestones over various dates through June 30, 2014.
News For ACLS;LRCX From The Last 14 Days
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May 26, 2015
10:12 EDTLRCXLam Research management to meet with Pacific Crest
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May 22, 2015
08:33 EDTLRCXSeveral companies to benefit from GLOBALFOUNDRIES capex, says Pacific Crest
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May 19, 2015
09:08 EDTLRCXLam Research recommended on higher 3D NAND spending at Goldman
Goldman reiterates its Conviction Buy rating on Lam Research given potential for higher 3D NAND spending in 2H. The firm expects the secular transition to 3D NAND and aggressive capital allocation to re-rate shares. Goldman's price target on Lam Research is $91.
May 18, 2015
16:10 EDTLRCXLam Research raises quarterly dividend 67% to 30c per share
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07:22 EDTACLSAxcelis price target raised to $4 from $3 at Stifel
Stifel raised its price target on Axcelis as it believes that the company's new Purion products have improved its competitive position, expects positive memory spending trends to continue through 2H15, predicts the company will benefit from an acceleration in spending on mature node, logic, and believes that Axcelis' gross margin can beat expectations. The firm keeps a Buy rating on the shares.
May 15, 2015
17:13 EDTACLSVertex lowers stake in Axcelis to 5.6% from 6.6%
16:51 EDTLRCXGreenlight Capital gives quarterly update on stakes
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11:57 EDTLRCXApplied Materials jumps after reporting highest revenue in three years
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May 14, 2015
07:43 EDTACLSB. Riley to hold a conference
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