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Stock Market & Financial Investment News

News Breaks
November 28, 2012
16:32 EDTAMATApplied Materials says Mark Pinto and Tom Edman leaving company
Mark Pinto, executive vice president and general manager of EES, and Tom Edman, group vice president and general manager of Display, have each announced their intention to leave Applied Materials after assisting in a smooth leadership transition.
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September 22, 2014
08:04 EDTAMATApplied Materials merger uncertainty could be opportunity, says Pacific Crest
Pacific Crest believes that the merger between Applied Materials and Tokyo Electron could be delayed until next year, while there is a small chance of China denying the merger. However, the firm recommends buying Applied Materials on any weakness relating to merger uncertainty, as it thinks the stock is worth $25 on a standalone basis. It keeps an Outperform rating on the shares.
September 11, 2014
18:35 EDTAMATOn The Fly: After Hours Movers
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18:31 EDTAMATApplied Materials/Tokyo Electron filing doesn't satisfy MofCom, Bloomberg says
Applied Materials' filing, which is seeking approval for the company's takeover of Tokyo Electron, did not satisfy China's Ministry of Commerce, according to Bloomberg, citing DealReporter.

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