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Stock Market & Financial Investment News

News Breaks
July 8, 2014
05:13 EDTAMATApplied Materials, Tokyo Electron to be called Eteris
Applied Materials and Tokyo Electron unveiled the new name and logo of their combined company, Eteris, which will be used once the merger closes. Applied Materials and Tokyo Electron expect the transaction to close in the second half of 2014.
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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