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Stock Market & Financial Investment News

News Breaks
November 26, 2012
06:30 EDTBRCM, DIOD, EZCH, ENTR, CEVA, ARMH, FIOSemiconductor sector upgraded to Overweight at Benchmark Co.
Benchmark Co. upgraded its rating on the Semiconductor sector to Overweight from Market Weight citing low expectations for the group and reasonable inventory levels. Benchmark Co. coupled its sector rating change with an upgrade of Broadcom (BRCM) to Buy from Hold. The firm also has Buy ratings on Diodes (DIOD), EZchip (EZCH), Entropic (ENTR), CEVA (CEVA), ARM Holdings (ARMH), and Fusion-io (FIO).
News For BRCM;DIOD;EZCH;ENTR;CEVA;ARMH;FIO From The Last 14 Days
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July 22, 2014
16:59 EDTBRCMBroadcom CEO says, couldn't find buyer for cellular chip business
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16:55 EDTBRCMBroadcom sees Q3 revenue $2.1B-$2.25B, consensus $2.19B
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16:21 EDTBRCMBroadcom up 2% following Q2 results
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16:06 EDTBRCMBroadcom reports Q2 EPS 65c, consensus 61c
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15:30 EDTBRCMNotable companies reporting after market close
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13:42 EDTBRCMEarnings Preview: Analysts divided on Broadcom ahead of Q2 report
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08:22 EDTARMHARM Holdings sees 2014 revenue 'in line with market expectations'
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08:21 EDTARMHARM Holdings reports Q2 EPS 5.43p vs. 4.89p last year
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July 21, 2014
12:41 EDTBRCMIntel advances after analyst predicts mobile unit rebound coming
Shares of Intel (INTC) are advancing in a down market after Wells Fargo wrote that the company's mobile chip business could rebound significantly in coming quarters. WHAT'S NEW: Intel's mobile chip business could boost the company's growth and even enable it to beat earnings expectations, Wells Fargo wrote in a note to investors today. The chip maker's shipments of 4G modems should start rising significantly in the third quarter or fourth quarter of this year, the firm stated. The company has probably won some deals to provide LTE modems for smartphones and Samsung is likely one of the chip maker's initial customers, the firm wrote. Broadcom's (BRCM) decision to exit the baseband market probably improved Intel's position in the 4G market, Wells Fargo contended. Meanwhile, Intel said that by this year's holiday season, it should be ready to launch chips for mobile devices that are smaller than those of a key competitor, TSMC (TSM), Wells noted. Sales generated by Intel's mobile and communications unit may have bottomed last quarter or could do so during the current quarter, the firm believes. The unit's operating losses are likely to drop throughout this year, before falling sharply in the quarter ended March 2015, Wells estimated. The unit may approach break even by the end of 2015, the firm added. Wells kept an Outperform rating on the stock. WHAT'S NOTABLE: On July 15, Intel reported stronger than expected results for its quarter ended in June. PRICE ACTION: In early afternoon trading, Intel rose 43c, or 1.3%, to $34.13.
11:13 EDTARMHARM Holdings August volatility elevated into Q2 and outlook
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07:55 EDTBRCM Broadcom July weekly volatility elevated into Q2 and outlook
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July 18, 2014
11:42 EDTBRCMAMD plummets after profit miss, analyst downgrades
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July 17, 2014
12:15 EDTFIOSanDisk plummets after Q3 revenue outlook disappoints
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July 16, 2014
17:48 EDTFIOSanDisk says expects to be 'somewhat supply constrained' in 2H14
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13:44 EDTFIOEarnings Preview: Stifel sees SanDisk results, guidance topping expectations
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11:29 EDTBRCMIntel hits 52-week high after results beat estimates
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08:03 EDTFIOSanDisk announces expiration of HSR waiting period for Fusion-io purchase
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July 15, 2014
06:02 EDTARMHSamsung, Nest, ARM team up for Thread wireless networking protocol
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July 12, 2014
18:33 EDTARMHIntel looks to Chinese unbranded makers to boost tablet presence, WSJ says
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July 10, 2014
09:45 EDTEZCHMigdal Insurance & Financial reports 4.98% passive stake in EZchip
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