New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 7, 2014
04:55 EDTAVGO, AVGO, AVGO, LPL, LPL, LPL, GLW, GLW, GLW, QCOM, QCOM, QCOM, INVN, INVN, INVN, MU, MU, MU, DIOD, DIOD, DIOD, SYNA, SYNA, SYNA, CY, CY, CY, ONNN, ONNN, ONNN, NVDA, NVDA, NVDA, COST, COST, COSTSterne Agee to hold events at CES 2014
Sterne Agee events being held at CES 2014 in Las Vegas on January 7-9.
News For AVGO;NVDA;ONNN;CY;SYNA;DIOD;MU;INVN;QCOM;GLW;LPL;COST From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
October 15, 2014
06:19 EDTMUMicron upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
05:58 EDTQCOMCSR calls Qualcomm takeover offer 'very attractive outcome'
Subscribe for More Information
05:35 EDTQCOMQualcomm to acquire CSR for GBP 9.00 per share
Qualcomm (QCOM) announced that it has reached agreement with CSR plc (CSRE) regarding the terms of a recommended cash acquisition through which the entire issued and to be issued ordinary share capital of CSR will be acquired by Qualcomm Global Trading Pte. Ltd, an indirect wholly owned subsidiary of Qualcomm Incorporated. The acquisition complements Qualcomm's current offerings by adding products, channels, and customers in the important growth categories of Internet of Everything, or IoE, and automotive infotainment, accelerating Qualcomm's presence and path to leadership. This opportunity is aligned with Qualcomm's established strategic priorities in these rapidly growing business areas. At GBP 9.00 per share, the acquisition of the entire issued and to be issued ordinary share capital of CSR is valued at approximately $2.5B. This cash offer has been unanimously recommended by the CSR board. The acquisition is subject to a number of conditions as set forth in the announcement released today in accordance with Rule 2.7 of the UK Takeover Code, including the receipt of U.S. and other regulatory approvals and the approval of CSR's shareholders. Subject to the satisfaction of the conditions, the transaction is expected to close by the end of the summer of 2015. Qualcomm expects the acquisition to be accretive to Non-GAAP EPS in FY16, the first full year of combined operations.
October 14, 2014
10:10 EDTAVGOChip makers rise following Skyworks positive preannouncement
Shares of a number of semiconductor makers are climbing after one of the companies in the sector, Skyworks (SWKS), preannounced stronger than expected results. WHAT'S NEW: Skyworks, which develops chips for cell phones, raised its fourth quarter earnings per share outlook to $1.08 from $1.00. Analysts' consensus estimate was $1.01. The chip maker increased its Q4 revenue guidance to $718M from $680M. Analysts' consensus estimate was $679.5M. "Skyworks’ upwardly revised outlook demonstrates the broad-based strength of our business and our ability to capitalize on positive underlying market trends to connect everyone and everything, all the time,” said Skyworks CEO David Aldrich. "These multi-year technology trends are setting the stage for us to outperform the broader semiconductor industry in the December quarter and for the foreseeable future," the CEO added. WHAT'S NOTABLE: Skyworks' positive report comes less than a week after another semiconductor maker, Microchip (MCHP), preannounced lower than expected revenue and said it thought the sector had entered a correction. Semiconductor stocks have sold off sharply since Microchip's preannouncement and pessimistic comments. PRICE ACTION: In early trading, Skyworks surged 6.4% to $48.24, Intel (INTC) rose 1.5% to $31.94, NXP Semiconductors (NXPI) rose 1.2% to $54.55, STMicroelectronics (STM) advanced 2% to $6.82, and Avago Technologies (AVG) gained fractionally to $69.30.
10:01 EDTGLWOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:13 EDTAVGOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Johnson & Johnson (JNJ), up 1%... Dominos Pizza (DPZ), up 2.7%. ALSO HIGHER: Citigroup (C), up 2.5% following earnings report, announcement of plans to exit consumer businesses in 11 markets... MagneGas (MNGA), up 14% after signing Letter of Intent with Pioneer Recycling... Skyworks (SWKS), up 6% after raising its outlook for Q4. Shares of peers Avago (AVGO), NXP Semiconductors (NXPI) and RF Micro Devices (RFMD) are also moving higher in pre-market trading after Skyworks pointed to "broad-based strength" of its business in raising its outlook... Halcon Resources (HK), up 6% after upgraded at KLR Group... Quantum (QTM), up 8.8% after issuing Q2 earnings guidance. LOWER: Wells Fargo (WFC), down 1.4% after reporting in-line Q3 earnings... JPMorgan (JPM), down 1.8% after Q3 headline earnings miss... Las Vegas Sands (LVS), down 1% following downgrade at BofA Merrill Lynch.
08:55 EDTAVGOBarclays top ideas in U.S. Semiconductors on the pullback
Barclays' top U.S. Semiconductor ideas to buy on the pullback are Avago (AVGO), Cavium (CAVM), Spansion (CODE), NXP Semiconductors (NXPI) and Xilinx (XLNX).
08:50 EDTAVGOAvago, NXP rally after Skyworks ups outlook on 'broad-based strength'
Subscribe for More Information
08:13 EDTGLWCorning downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information
07:24 EDTQCOMIntel gains government ally in China with new deals, Reuters says
Subscribe for More Information
06:37 EDTQCOMUMC lands 28nm LTE chip orders from Qualcomm, DigiTimes reports
Subscribe for More Information
06:02 EDTGLWCorning downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information
05:58 EDTCOSTCostco debuts in China through Alibaba Tmall platform
Subscribe for More Information
October 13, 2014
10:08 EDTONNNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Bankrate (RATE) downgraded to Equal Weight from Overweight at Stephens... CME Group (CME) downgraded to Market Perform from Outperform at Wells Fargo... Cliffs Natural (CLF) downgraded to Neutral from Overweight at JPMorgan... Dana Holding (DAN) downgraded to Sector Perform from Outperform at RBC Capital... Darden (DRI) downgraded to Neutral from Overweight at Piper Jaffray... Dover (DOV) downgraded to Neutral at RW Baird... DryShips (DRYS) downgraded to Underperform from Outperform at Imperial Capital... Infineon (IFNNY) downgraded to Neutral from Overweight at JPMorgan... J.C. Penney (JCP) downgraded to Sell from Neutral at UBS... Johnson Controls (JCI) downgraded to Outperform from Top Pick at RBC Capital... Juniper (JNPR) downgraded to Hold from Buy at Argus... Kennametal (KMT) downgraded to Market Perform from Outperform at Wells Fargo... Masco (MAS) downgraded to Equal Weight from Overweight at Barclays... New Gold (NGD) downgraded to Neutral from Overweight at JPMorgan... ON Semiconductor (ONNN) downgraded to Sector Perform from Outperform at Pacific Crest... PBF Energy (PBF) downgraded to Underweight from Equal Weight at Barclays... Parker-Hannifin (PH) downgraded to Market Perform from Outperform at Wells Fargo... STMicroelectronics (STM) downgraded to Neutral from Overweight at JPMorgan... Silicon Laboratories (SLAB) downgraded to Sector Perform at Pacific Crest... VOXX International (VOXX) downgraded to Market Perform from Outperform at Cowen.
09:06 EDTINVNInvenSense recent pullback a buying opportunity, says Northland
Subscribe for More Information
07:09 EDTNVDANVIDIA added to Best Ideas list at JMP Securities
Subscribe for More Information
06:46 EDTONNNON Semiconductor downgraded to Sector Perform from Outperform at Pacific Crest
Subscribe for More Information
06:03 EDTMUStocks with implied volatility above IV index mean; HTZ MU
Subscribe for More Information
October 12, 2014
17:58 EDTMUMicron shares look more attractive, Barron's says
Subscribe for More Information
17:20 EDTQCOMGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
Subscribe for More Information
1 | 2 | 3 | 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