New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 30, 2013
17:16 EDTAMAT, QCOMApplied Materials announces departure of CFO
Applied Materials (AMAT) announced today that George S. Davis, executive vice president and chief financial officer, CFO, will be departing the company effective March 8, 2013. The company expects to name a successor in the coming weeks after a review of both internal and external candidates. Davis will be taking up the position of CFO for Qualcomm (QCOM).
News For AMAT;QCOM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 22, 2014
06:12 EDTAMATKLA-Tencor removed from Focus List at Citigroup
Subscribe for More Information
October 21, 2014
14:04 EDTQCOMEarnings Preview: Analysts divided on Broadcom ahead of Q3 report
Subscribe for More Information
October 16, 2014
07:54 EDTAMATApplied Materials weakness creates buying opportunity, says Stifel
Stifel believes that Applied Materials' (AMAT) fundamental story has not changed, while the weakness in the shares is an overreaction to certain issues, including the Microchip (MCHP) preannouncement. Stifel expects the company to benefit from strong WFE spending in 2015 and increasing capital intensity trends in the chip sector. The firm keeps a $25 price target and Buy rating on the shares.
October 15, 2014
10:02 EDTAMATOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:39 EDTAMATApplied Materials upgraded at BofA/Merrill
Subscribe for More Information
06:15 EDTAMATApplied Materials upgraded to Buy from Neutral at BofA/Merrill
06:08 EDTAMATApplied Materials implied volatility of 47 at upper end of index mean range
Subscribe for More Information
05:58 EDTQCOMCSR calls Qualcomm takeover offer 'very attractive outcome'
Subscribe for More Information
05:35 EDTQCOMQualcomm to acquire CSR for GBP 9.00 per share
Qualcomm (QCOM) announced that it has reached agreement with CSR plc (CSRE) regarding the terms of a recommended cash acquisition through which the entire issued and to be issued ordinary share capital of CSR will be acquired by Qualcomm Global Trading Pte. Ltd, an indirect wholly owned subsidiary of Qualcomm Incorporated. The acquisition complements Qualcomm's current offerings by adding products, channels, and customers in the important growth categories of Internet of Everything, or IoE, and automotive infotainment, accelerating Qualcomm's presence and path to leadership. This opportunity is aligned with Qualcomm's established strategic priorities in these rapidly growing business areas. At GBP 9.00 per share, the acquisition of the entire issued and to be issued ordinary share capital of CSR is valued at approximately $2.5B. This cash offer has been unanimously recommended by the CSR board. The acquisition is subject to a number of conditions as set forth in the announcement released today in accordance with Rule 2.7 of the UK Takeover Code, including the receipt of U.S. and other regulatory approvals and the approval of CSR's shareholders. Subject to the satisfaction of the conditions, the transaction is expected to close by the end of the summer of 2015. Qualcomm expects the acquisition to be accretive to Non-GAAP EPS in FY16, the first full year of combined operations.
October 14, 2014
07:24 EDTQCOMIntel gains government ally in China with new deals, Reuters says
Subscribe for More Information
06:37 EDTQCOMUMC lands 28nm LTE chip orders from Qualcomm, DigiTimes reports
Subscribe for More Information
October 12, 2014
17:20 EDTQCOMGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
Subscribe for More Information
October 10, 2014
11:27 EDTAMATApplied Materials falls with peers, bearish double top active
Subscribe for More Information
11:13 EDTAMATMicrochip not relevant to DRAM, NAND, says Summit Research
Subscribe for More Information
October 8, 2014
10:00 EDTAMATOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADTRAN (ADTN) upgraded to Buy from Neutral at Goldman... Applied Materials (AMAT) upgraded to Outperform from Underperform at CLSA... Bill Barrett (BBG) upgraded to Neutral from Underperform at Macquarie... CNOOC (CEO) upgraded to Buy from Hold at Jefferies... Calamos (CLMS) upgraded to Market Perform from Underperform at Keefe Bruyette... Calix (CALX) upgraded to Buy from Neutral at Goldman... Cimarex Energy (XEC) upgraded to Outperform from Neutral at Macquarie... Cogent (CCOI) upgraded to Outperform from Market Perform at Raymond James... Coty (COTY) upgraded to Neutral from Sell at B. Riley... Dassault Systemes (DASTY) upgraded to Equal Weight from Underweight at Barclays... EOG Resources (EOG) upgraded to Outperform from Neutral at Macquarie... Glu Mobile (GLUU) upgraded to Buy from Hold at Benchmark Co.... Goldcorp (GG) upgraded to Overweight from Neutral at HSBC... Goodrich Petroleum (GDP) upgraded to Neutral from Underperform at Macquarie... Greif (GEF) upgraded at Wells Fargo... PHH Corp. (PHH) upgraded to Outperform from Market Perform at Keefe Bruyette... Parsley Energy (PE) upgraded to Outperform from Neutral at Macquarie... Rent-A-Center (RCII) upgraded to Buy from Neutral at Northcoast... Royal Gold (RGLD) upgraded to Overweight from Underweight at HSBC... Rush Enterprises (RUSHA) upgraded to Strong Buy at Raymond James... Sanchez Energy (SN) upgraded to Outperform from Neutral at Macquarie... Springleaf (LEAF) upgraded to Outperform from Neutral at Macquarie... TC PipeLines (TCP) upgraded to Neutral from Underweight at JPMorgan... Tesco (TSCDY) upgraded to Neutral from Underweight at HSBC... Vocera (VCRA) upgraded to Outperform at FBR Capital.
08:20 EDTQCOMQualcomm opportunity at Xiaomi almost rivals iPhone, says FBR Capital
Subscribe for More Information
07:50 EDTAMAT, AMATApplied Materials upgraded to Outperform from Underperform at CLSA
CLSA upgraded Applied Materials to Outperform and said Tokyo Electron deal concerns are overdone and the company will not go through with the deal if it turns out to be dilutive. Additionally, CLSA said Applied Materials will benefit from the 2015 14/16nm FinFET capex cycle. Price target raised to $23 from $22.

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