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Stock Market & Financial Investment News

News Breaks
July 22, 2014
12:53 EDTINTC, TOELY, SMI, AMATApplied Materials drops following report of opposition to merger
Shares of Applied Materials (AMAT) are falling after a website reported that Chinese authorities are opposing the company's proposed merger with Tokyo Electron (TOELY). However, two research firms said they still expect the merger to occur and remained upbeat on Applied Materials' outlook. Applied Materials makes equipment that enables the production of semiconductor and solar photovoltaic products. WHAT'S NEW: Applied Materials' proposed merger with Tokyo Electron is encountering strong opposition from Chinese regulators, DealReporter said earlier today, citing unnamed sources. However, Patrick Ho, an analyst at research firm Stifel, wrote that he remained confident that the deal will be approved without any changes. DealReporter's report is "pure speculation" and there are serious doubts about its validity, the analyst contended. The weakness in the stock today represents an opportunity for long-term investors, added Ho, who kept a $25 price target and Buy rating on the shares. Meanwhile, ISI Group analyst C.J. Muse wrote that DealReporter's story is "old news." Although Intel (INTC), Samsung and China's Semiconductor Manufacturing (SMI) oppose Applied Material's deal, there are ways of convincing them to drop their opposition, Muse wrote. Chinese regulators are likely to agree to remedies proposed by Applied Materials and the deal should close in October or November, according to the analyst, who also recommended buying Applied Material's stock on today's weakness. PRICE ACTION: In early afternoon trading, Applied Materials lost 1.1% to $22.66.
News For AMAT;TOELY;INTC;SMI From The Last 14 Days
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August 31, 2015
08:14 EDTAMATPacific Crest identifies favorite semiconductor stocks
Pacific crest says that the semiconductor sector is being stymied by decade-high inventory levels and uncertain demand. In the current environment, the firm expects semiconductor stocks with high dividend yields and ongoing cost-reduction initiatives to outperform. It identifies Maxim Integrated (MXIM), Cypress Semiconductor (CY), Applied Materials (AMAT), and KLA-Tencor (KLAC) as its favorite names in the sector. It keeps Overweight ratings on all the stocks named.
07:21 EDTINTCIntel upgraded to Outperform from Market Perform at Northland
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07:18 EDTINTCIntel set for long-term growth in data centers, IoT, says Canaccord
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August 30, 2015
12:33 EDTINTCDividend-rich blue chips look attractive amid market volatility, Barron's says
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August 28, 2015
16:00 EDTINTCOptions Update; August 28, 2015
iPath S&P 500 VIX Short-Term Futures up 2.06 to 26.77 Option volume leaders: AAPL FB BAC FCX NFLX RIG INTC TSLA CVX
August 27, 2015
10:00 EDTSMIOn The Fly: Analyst Upgrade Summary
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07:23 EDTSMISemiconductor Manufacturing upgraded to Outperform at Bernstein
Bernstein upgraded Semiconductor Manufacturing to Outperform from Market Perform and raised its price target to $5.70 from $5.50. The firm expects the company to benefit from the Chinese government's support of the semiconductor industry and said its different customer base and market exposure shields it from the sluggish smartphone industry.
06:19 EDTINTCIntel Capital invests over $60M in Yuneec Holding
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05:53 EDTINTCIC demand for notebooks picking up, DigiTimes reports
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August 26, 2015
07:52 EDTAMAT, INTCUBS to hold a tour
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August 25, 2015
11:43 EDTINTCIntel management to meet with MKM Partners
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09:35 EDTINTCActive equity options trading on open
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07:35 EDTINTCIntel makes additional equity investment in BlueData
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August 24, 2015
06:34 EDTINTCIntel leads $100M funding round for Mirantis, WSJ reports
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August 23, 2015
14:23 EDTINTCApple, Micron shares look like bargains, Barron's says
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August 21, 2015
10:37 EDTINTCAnalysts upbeat on HP ahead of split after earnings beat
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08:54 EDTINTCIntel price target lowered to $25 from $32 at Baird
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August 20, 2015
16:00 EDTINTCOptions Update; August 20, 2015
iPath S&P 500 VIX Short-Term Futures up 1.49 to 17.70. Option volume leaders: AAPL BAC FB NFLX DIS INTC BABA MU
14:39 EDTINTCEarnings Watch: Hewlett-Packard reports ahead of company split
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August 19, 2015
06:14 EDTINTCIntel to launch contest show on Turner Broadcasting, WSJ reports
Intel (INTC) is making a foray into reality television by developing a contest show with Mark Burnett and Time Warner's (TWX) Turner Broadcasting unit, the Wall Street Journal reports. The program will be called "America's Greatest Makers" and will engage "do-it-yourselfers" who turn microchips and other components into devices and gadgets, competing for a $1M prize, the report says. The show is scheduled to appear on TV and other media channels in 2016, the report adds. Reference Link
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