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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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October 22, 2014
06:12 EDTAMATKLA-Tencor removed from Focus List at Citigroup
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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
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07:39 EDTAMATApplied Materials upgraded at BofA/Merrill
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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
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