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Stock Market & Financial Investment News

News Breaks
August 15, 2014
11:42 EDTKLIC, LRCX, KLAC, AMATApplied 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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March 27, 2015
16:01 EDTAMATOptions Update; March 27, 2015
iPath S&P 500 VIX Short-Term Futures down 31c to 25.74 Option volume leaders: AAPL TSLA TWTR RAD FB PBR AMZN DOW VLO AMAT ALTR according to Track Data.
March 26, 2015
16:01 EDTAMATOptions Update; March 26, 2015
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08:30 EDTLRCXLam Research selloff overdone, says Goldman
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March 24, 2015
16:00 EDTAMATOptions Update; March 24, 2015
iPath S&P 500 VIX Short-Term Futures down 10c to 25.14 Option volume leaders: AAPL TSLA TWTR GILD FB AMAT GOOG C MRK GILD according to Track Data.
08:12 EDTAMATApplied Materials April volatility elevated
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March 22, 2015
16:42 EDTKLAC, AMAT, LRCXChip equipment slowdown may not be as bad as first thought, WSJ says
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March 20, 2015
08:17 EDTLRCXLam Research guidance likely to miss consensus, says Needham
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March 19, 2015
16:01 EDTAMATOptions Update; March 19, 2015
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14:08 EDTLRCXLam Research mentioned positively at Evercore ISI
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March 18, 2015
14:15 EDTLRCXEvercore ISI sayd to buy Lam Research on the pullback
Evercore ISI said it is not hearing of any equipment push-outs at Samsung Fab S3 Line 17 DRAM, as speculated today. The firm's checks indicate no change in shipment patterns related to Samsung Line 17 DRAM and Lam Research's shipments are not only up sequentially in the March and June quarters, but now also in the September quarter. The firm would use today's pullback in Lam Research to accumulate shares and reiterates its Buy rating.
11:00 EDTLRCXLam Research weakness a buying opportunity, says Pacific Crest
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March 17, 2015
05:58 EDTAMATStocks with implied volatility above IV index mean;
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