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Stock Market & Financial Investment News

News Breaks
August 15, 2014
11:42 EDTLRCX, KLAC, AMAT, KLICApplied Materials rises following strong profit, gross margin, order growth
Shares of semiconductor equipment maker Applied Materials (AMAT) are advancing after posting strong third quarter profit, adjusted gross margin, and order growth. WHAT'S NEW: Last night, Applied Materials reported Q3 adjusted earnings per share of 28c and revenue of $2.27B, compared to analysts’ consensus estimates of 27c and $2.29B, respectively. Q3 adjusted gross margin came in at 45.5%, up 260 basis points year-over-year, and up 130 basis points sequentially. Q3 orders of $2.48B, increased 24% year-over-year led by SSG year-over-year order growth of $362M. President and CEO Gary Dickerson said, “We have focused our strategy and investments in areas that have the largest impact for customers while driving improvements in execution and speed across the company. With these actions, we have improved our operating margins for seven quarters in a row and are making substantial progress towards our long-term financial model." WHAT’S NOTABLE: For the fourth quarter, Applied Materials expects adjusted EPS of 25c-29c, versus consensus of 26c. Q4 revenue is expected to be approximately flat, plus or minus 3% sequentially, and up by approximately 10%-17% from the year-ago period, compared to consensus of $2.28B. PRICE ACTION: In late morning trading, Applied Materials rose $1.04, or about 5%, to $22.19 on heavy trading volume. Including today’s advance, the stock has gained approximately 45% over the past twelve months. OTHERS TO WATCH: Other companies in the semiconductor equipment space include Lam Research (LRCX), Kulicke and Soffa (KLIC), and KLA-Tencor (KLAC).
News For AMAT;LRCX;KLIC;KLAC From The Last 14 Days
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February 26, 2015
10:40 EDTAMATApplied Materials merger close date extended to June 30
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09:35 EDTAMATActive equity options trading on open
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February 24, 2015
09:35 EDTAMATActive equity options trading on open
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05:57 EDTAMATStocks with implied volatility movement; AMAT M
Stocks with implied volatility movement; Applied Materials (AMAT) 43, Macy's (M) 28 according to iVolatility.
February 23, 2015
16:00 EDTAMATOptions Update; February 23, 2015
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10:45 EDTAMATOptions with increasing implied volatility
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February 20, 2015
04:19 EDTAMATStocks with implied volatility movement; AMAT ANF
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February 19, 2015
16:01 EDTAMATOptions Update; February 19, 2015
iPath S&P 500 VIX Short-Term Futures down 70c to 30.11. Option volume leaders: AAPL TSLA TWTR AMAT PBR KO FB AXP NFLX according to Track Data.
11:50 EDTAMATApplied Materials edges closer to its 52-week high
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11:43 EDTAMATApplied Materials calls active on wide price movement
Applied Materials February weekly 24 and March 26 calls are active on total call volume of 69K contracts (3K puts). February weekly option implied volatility is at 46, March is at 40, July is at 32; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement.
February 17, 2015
18:17 EDTAMATJANA Partners gives quarterly update on stakes
NEW STAKES: NCR (NCR), Liberty Ventures (LVNTA), Solarcity (SCTY), Computer Sciences Corp (CSC), Salix (SLXP), and Applied Materials (AMAT). INCREASED STAKES: Hertz (HTZ), Valeant (VRX), Walgreens Boots Alliance (WBA), Rackspace (RAX), and HD Supply (HDS). DECREASED STAKES: AIG (AIG), Actavis (ACT), Charter (CHTR), AerCap (AER), and Energy Transfer Equity (ETE). LIQUIDATED STAKES: Equinix (EQIX), Cameron International (CAM), Dollar General (DG), QEP Resources (QEP), and Amgen (AMGN).
07:22 EDTKLACMitsubishi UFJ to hold a tour
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February 13, 2015
17:06 EDTLRCXLam Research files automatic mixed securities shelf

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