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Stock Market & Financial Investment News

News Breaks
March 16, 2012
10:55 EDTAXTI, AXTI, AXTI, TIE, TIE, TIE, RTI, RTI, RTI, ROG, ROG, ROG, RBCN, RBCN, RBCN, PPO, PPO, PPO, MTRN, MTRN, MTRN, IPGP, IPGP, IPGP, IIVI, IIVI, IIVI, HXL, HXL, HXL, ENTG, ENTG, ENTG, CREE, CREE, CREE, CRDN, CRDN, CRDN, CCMP, CCMP, CCMP, BOOM, BOOM, BOOM, ZOLT, ZOLT, ZOLTDA Davidson's semiconductor analyst holds a conference call
Semiconductor Analyst Kant provides a positive view of the Semiconductor Industry on an Analyst/Industry conference call. Relevant covered companies AXTI, BOOM, CCMP, CRDN, CREE, ENTG, HXL, IIVI, IPGP, MTRN, PPO, RBCN, ROG, RTI, TIE and ZOLT may be discussed on the Analyst/Industry conference call to be held on March 19 at 11 am.
News For AXTI;BOOM;CCMP;CRDN;CREE;ENTG;HXL;IIVI;IPGP;MTRN;PPO;RBCN;ROG;RTI;TIE;ZOLT From The Last 14 Days
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December 19, 2014
08:02 EDTROGHandy & Harman Announces Sale of Arlon to Rogers for $157M
Handy & Harman (HNH) announced that it has entered into a definitive agreement with Rogers Corporation (ROG) under which Rogers will purchase HNH’s subsidiary Arlon for a total transaction value of $157M. The companies expect to close the transaction, subject to the necessary regulatory approvals and other customary closing conditions, in the first half of 2015.
07:32 EDTROGRogers Corp agrees to acquire Arlon from Handy & Harman for $157M
Rogers Corporation (ROG) announced it has signed a definitive agreement to acquire Arlon, currently owned by Handy & Harman (HNH), for $157M, subject to closing and post-closing adjustments. The transaction, which is subject to regulatory clearances, is expected to close in the first half of 2015. Rogers intends to finance the transaction through a combination of cash and borrowings under an existing bank credit facility. Revenue and operating income for the Arlon segment of Handy & Harman were $100.4M and $16.7M, respectively, for the trailing twelve months ended September 30. Rogers expects the transaction to be accretive to its earnings in the first twelve months following the acquisition, excluding purchase accounting charges.
December 18, 2014
07:20 EDTHXLHexcel selloff looks overdone, says RBC Capital
After Hexcel (HXL) dropped 10% on fears related to the outlook for Airbus (EADSY) planes, RBC Capital estimates that changes made by Airbus would only reduce the compound annual growth rate of Hexcel's commercial aerospace business to 10.6% from 11.4% during 2015-2020. The firm cut its 2015-2016 revenue estimates by 6% and trimmed its price target on the stock to $46 from $47 but keeps an Outperform rating on the shares.
December 16, 2014
07:33 EDTCREECharles & Colvard, Cree enter into new exclusive supply agreement
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06:05 EDTCCMPCabot Microelectronics names David Li as CEO
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December 15, 2014
16:28 EDTRBCNRubicon names William Weissman President, CEO and Mardel Graffy as CFO
Rubicon Technology announced that the Board of Directors has appointed William Weissman to the permanent position of President and CEO. Weissman had served as Interim CEO and President since September 17, and as CFO of Rubicon since 2007. Weissman has also been appointed a member of the Board of Directors. The Board has appointed Mardel Graffy as CFO. Graffy joined Rubicon Technology in 2005 and rose to the position of Vice President – Finance. In September she was appointed Vice President – Financial Operations. Prior to her work with Rubicon, Graffy worked for FMC Technologies and KPMG.
06:01 EDTHXLHexcel acquires 50% interest in Formax
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December 11, 2014
07:30 EDTBOOM, MTRN, IIVI, RTIDA Davidson to hold a conference
6th Annual Aerospace & Industrials 1:1 Conference is being held in Boston on December 11.

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