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Stock Market & Financial Investment News

News Breaks
February 24, 2014
07:40 EDTAMATApplied Materials, Tokyo Electron get CFIUS clearance for proposed combination
Applied Materials and Tokyo Electron stated they have received notice from the Committee on Foreign Investment in the United States, or CFIUS, that there are no unresolved national security issues relating to the companies' proposed business combination announced on September 24, 2013. The clearance by CFIUS was without conditions and terminates CFIUS review of the transaction.
News For AMAT From The Last 14 Days
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September 24, 2014
09:34 EDTAMATActive equity options trading on open
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September 23, 2014
09:37 EDTAMATActive equity options trading on open
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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.

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