New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
June 24, 2015
17:57 EDTADIWall Street applauds Senate giving go-ahead for 'fast track' trade powers
Subscribe for More Information
June 18, 2015
08:07 EDTADIAnalog Devices secured design win in next iPhone, says Citi
Citi analyst Christopher Danely says he believes Analog Devices (ADI) has secured a design win in the next generation Apple (AAPL) iPhone. The win could contribute $160M in revenue and 10c in earnings per share in 2016, Danely tells investors today in a research note. He upped his price target for Analog shares to $66 from $55 but keeps a Neutral rating on the name. The analyst believes the Apple design win is already priced in with shares trading at 22 times his 2016 earnings estimate. Danely cites valuation for his Neutral rating on the stock.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use