New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 16, 2014
13:13 EDTLRCX, LTXC, ASML, AMAT, FORM, KLACASML trades lower after reducing Q2 sales view
Shares of Dutch semiconductor equipment maker ASML Holding (ASML) are falling today after the company reported first quarter results that were for the most part in-line with expectations but lowered its second quarter sales view. WHAT'S NEW: The company reported Q1 net sales of EUR1.4B vs. EUR892M from the same quarter a year ago, but, more importantly, said it sees lower than expected Q2 sales. For Q2, ASML expects net sales of around EUR1.6B, including EUV sales. "We are pleased to report that our first-quarter sales came in as expected, largely driven by memory customers," CEO Peter Wennink said. "Sales in the second quarter are, however, expected to be affected by adjustments of system demand from some logic customers." WHAT'S NOTABLE: As a result of lower sales expectations in Q2, the company lowered its first half 2014 net sales view to around EUR3B, including sales from Extreme Ultraviolet, EUV, systems, versus earlier guidance of around EUR3B excluding EUV. PRICE ACTION: In afternoon trading, ASML shares are down 4.60, or 5.4%, to $80.54. OTHERS TO WATCH: Other semiconductor equipment names are also down, including Applied Materials (AMAT), FormFactor (FORM), KLA-Tencor (KLAC), LTX-Credence (LTXC), and Lam Research (LRCX).
News For ASML;AMAT;FORM;KLAC;LRCX;LTXC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 22, 2014
18:34 EDTLRCXOn The Fly: After Hours Movers
UP AFTER EARNINGS: Select Comfort (SCSS), up 13.1% after reporting third quarter results and increasing share repurchase authorization to $250M... Infinera (INFN), up 9.8%... Tractor Supply (TSCO), up 11.8%... Acacia Research (ACTG), up 7.7%... Marketo (MKTO), up 4.5%... O'Reilly Automotive (ORLY), up 3.9%... Fortinet (FTNT), up 1.5%... Mellanox (MLNX), up 2.9%... ServiceNow (NOW), up just under 1%. ALSO HIGHER: CarMax (KMX), up 1% after announcing a $2B increase to its share repurchase program. DOWN AFTER EARNINGS: Air Methods (AIRM), down 19.8% following preliminary third quarter results... Yelp (YELP), down 13.6%... Core Laboratories (CLB), down 7.9%... Varian Medical (VAR), down 4.9% after reporting fourth quarter results... Open Text (OTEX), down 3.9%... Citrix (CTXS), down 5.7%... Cheesecake Factory (CAKE), down 4.5%... Allied World (AWH), down 4.7%... Lam Research (LRCX), down 3.3%... Skechers (SKX), down just under 1% after reporting third quarter results above analyst estimates... AT&T (T), down 1.5%. ALSO LOWER: DIRECTV (DTV), down just under 1% following AT&T third quarter results... Alcobra (ADHD), down 16% following results of MDX study... WidePoint (WYY), down 8.1% after filing an automatic common stock shelf... New Mountain Finance (NMFC), down 4.4% after filing to sell 5M shares of common stock.
16:52 EDTLRCXLam Research down 3.3% after reporting Q3 results
Subscribe for More Information
16:16 EDTLRCXLam Research sees Q2 EPS $1.12 plus or minus 7c, consensus $1.16
Subscribe for More Information
16:15 EDTLRCXLam Research reports Q1 EPS 96c, consensus 93c
Reports Q1 revenue $1.15B, consensus $1.15B.
15:30 EDTLRCXNotable companies reporting after market close
Subscribe for More Information
06:12 EDTKLAC, AMATKLA-Tencor removed from Focus List at Citigroup
Subscribe for More Information
October 16, 2014
09:35 EDTFORMFormFactor initiated with a Buy at Sidoti
Target $10.
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
Subscribe for More Information
08:29 EDTASMLASML affirms FY14 sales view of at least EUR5.6B
ASML President and Chief Executive Officer Peter Wennink said, "We are on track to meet our full-year 2014 forecast of at least EUR 5.6B of net sales. In the third quarter, we delivered a good profit margin on net sales that fell just short of our previous guidance due to a couple of system shipments shifting into Q4, which does not impact our full-year guidance. Looking ahead, we see a solid start to 2015. In memory, we expect higher sales in H1 driven by the strong backlog. In logic, the ramp of 20/16/14 nanometer nodes is expected to continue, but the timing and volume depends on the business allocations by our customers' customers." As part of ASML's policy to return excess cash to shareholders through dividend and regularly timed share buybacks, ASML has announced its intention to purchase up to EUR 1.0B of its shares in 2013-2014. Through September 28, ASML has acquired 11.8M shares under this program for a total consideration of EUR 776M.
08:28 EDTASMLASML sees Q4 net sales around EUR 1.3B
Subscribe for More Information
08:27 EDTASMLASML reports Q3 EPS EUR0.56 vs. EUR0.91 in prior quarter
Subscribe for More Information
07:39 EDTAMATApplied Materials upgraded at BofA/Merrill
Subscribe for More Information
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
Subscribe for More Information
October 13, 2014
10:08 EDTLRCXOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:22 EDTLRCXLam Research upgraded to Conviction Buy from Buy at Goldman
Subscribe for More Information
October 10, 2014
11:27 EDTAMATApplied Materials falls with peers, bearish double top active
Subscribe for More Information
11:13 EDTLRCX, KLAC, AMAT, FORM, ASMLMicrochip not relevant to DRAM, NAND, says Summit Research
Subscribe for More Information
October 9, 2014
14:53 EDTKLACCapital World Investors reports 10.5% passive stake in KLA-Tencor
Subscribe for More Information
1 | 2 | all recent news | >>

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