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Stock Market & Financial Investment News

News Breaks
November 29, 2012
09:25 EDTAMATApplied Materials changes positive, says Pacific Crest
After Applied Materials announced the consolidation of several of its business units and hired KLA-Tencor (KLAC) veteran Ali Salehpour to run them, Pacific Crest reports that Salehpour has been very effective and well-respected. The firm thinks the consolidation should help the company meet its $200M cost reduction goal, but the firm thinks a turnaround at the company could take years and it maintains a Sector Perform rating.
News For AMAT From The Last 14 Days
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July 1, 2015
08:40 EDTAMATBofA/Merrill's Top 10 US Ideas for Q3
BofA/Merrill published its Top 10 U.S. Ideas Quarterly for Q3 that identifies companies it sees having significant catalysts in the next three months. The list includes eight Buys and two Underperforms. The Buys are Applied Materials (AMAT), Boise Cascade (BCC), Burlington Stores (BURL), Comcast (CMCSA), Comerica (CMA), Eli Lilly (LLY), Facebook (FB), and International Game (IGT). The Underperforms are BlackBerry (BBRY) and PBF Energy (PBF).
June 24, 2015
10:00 EDTAMATOn The Fly: Analyst Upgrade Summary
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07:12 EDTAMATApplied Materials upgraded to Conviction Buy from Buy at Goldman
Goldman added Applied Materials to the Conviction Buy List with a $24 price target due to the accelerating 3D NAND product cycle, increased focus on the core business, and capital allocation. The firm believes the July SEMICON meeting will be a catalysts for shares and provide constructive commentary on fundamentals.
June 22, 2015
10:47 EDTAMATCadence Design and Applied Materials collaborate on joint development program
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