New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
October 2, 2014
08:10 EDTAMATSemiconductor equipment makers could gain from China effort, says Pacific Crest
Subscribe for More Information
September 24, 2014
09:34 EDTAMATActive equity options trading on open
Subscribe for More Information
September 23, 2014
09:37 EDTAMATActive equity options trading on open
Subscribe for More Information
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.

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