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Stock Market & Financial Investment News

News Breaks
March 30, 2012
16:06 EDTADIAnalog Devices acquires Multigig
Analog Devices announced that it has acquired Multigig, a company specializing in high-performance clocking technology. The acquisition will enhance ADI's clocking capabilities in stand-alone and embedded applications. Analog Devices acquired Multigig in a cash transaction completed on March 30. The engineers will become part of ADI's existing clock design team and will move to ADI's San Jose, CA facility.
News For ADI From The Last 14 Days
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December 18, 2014
06:11 EDTADIAnalog Devices assumed with a Neutral at Citigroup
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December 12, 2014
07:17 EDTADISemiconductor indications have improved, says Bernstein
Bernstein believes that indicators for the semiconductor sector have improved since September, as expectations and valuations have dropped, while revision trends have been favorable,according to the firm. The firm thinks the outlook for the space is "reasonably positive." In conjunction with this note, Bernstein upgraded its rating on Freescale (FSL) to Outperform from Market Perform and hiked its target on the stock to $31 from $20. The firm increased its price target on Texas Instruments (TXN) to $63 from $54 and on Analog Devices to $55 from $50. It keeps an Outperform rating on Texas Instruments and a Market Perform rating on Analog Devices.
December 8, 2014
14:51 EDTADIArrow Electronics to offer Hittite Microwave product line
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