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Stock Market & Financial Investment News

News Breaks
July 25, 2014
15:36 EDTAMATApplied Materials withdraws merger filing with regulator, DealReporter says
Applied Materials and Tokyo Electron have withdrawn their merger review application from China’s Ministry of Commerce, said DealReporter, according to contacts. The report quoted a Tokyo Electron spokesperson as having said the companies have "no intention to give up" on the deal, the report added, according to contacts.
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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