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News Breaks
November 26, 2012
06:30 EDTFIO, ENTR, BRCM, ARMH, EZCH, CEVA, DIODSemiconductor 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).
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September 19, 2014
08:11 EDTBRCMTriQuint chip among those in iPhone 6 Plus, iFixit reports
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08:03 EDTBRCMInvenSense, NXP, RF Micro chips included in iPhone 6, iFixit reports
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September 18, 2014
15:22 EDTBRCMBroadcom appears to be WiFi chip provider for Apple Watch, Chipworks says
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September 16, 2014
08:42 EDTENTREntropic now sees Q3 EPS approximately (15c), consensus (11c)
Now sees Q3 revenue $43M, consensus $50.22M. Entropic announced revised financial guidance for Q3. Due primarily to less seasonal strength than was anticipated in the company's Direct Broadcast Satellite Outdoor Unit business, and to a lesser degree further weakness in legacy set-top box system-on-a-chip products, Entropic now expects revenue for Q3 to be approximately $43M. The company is making good progress on its previously announced restructuring plan and cost reduction efforts and therefore expects to be on the lower end of its previous guidance for operating expenses.
08:40 EDTENTREntropic to explore strategic alternatives
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September 15, 2014
18:36 EDTENTREntropic, ViXS Systems settle all litigation, execute cross-license pact
Entropic (ENTR) and ViXS Systems announced they have settled all outstanding litigation between the companies and have agreed to a cross-license to the patents at issue in the litigation. Entropic, ViXS and certain of their subsidiaries have been engaged in several patent lawsuits in the federal courts as well as proceedings before the International Trade Commission. Under the settlement agreement, all outstanding claims and counterclaims in those actions will be dismissed against all defendants, including DIRECTV (DTV), Wistron NeWeb Corporation and CyberTAN. The settlement also includes a cross-license between Entropic and ViXS of the issued patents that were the subject of the litigation. No fees or royalties are payable by either party with respect to its business as currently conducted or planned. Other terms of the settlement were not disclosed. The companies each expressed satisfaction with the litigation settlement.
13:10 EDTDIODDiodes management to meet with Sterne Agee
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September 12, 2014
14:03 EDTBRCMKeysight enters into manufacturing test license agreement with Broadcom
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05:34 EDTBRCMRovi announces collaboration with Broadcom
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September 11, 2014
17:27 EDTBRCMBroadcom powers new TiVo Ultra HD set-top box solution
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09:41 EDTENTRVertex Captial reports 7.9% stake in Entropic
Vertex Capital disclosed a 7.9% active stake in Entropic, saying it believes shares are undervalued and represented an attractive investment opportunity.
September 10, 2014
10:00 EDTDIODOn The Fly: Analyst Downgrade Summary
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08:12 EDTBRCMApple iPhone 802.11ac support a positve for Broadcom, says Macquarie
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06:32 EDTDIODDiodes downgraded to Neutral from Outperform at RW Baird
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September 9, 2014
18:31 EDTDIODOn The Fly: After Hours Movers
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16:27 EDTDIODDiodes raises Q3 revenue view to $230M-$238M from $228M-$238M, consensus $233.6M
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06:51 EDTARMHARM Holdings management to meet with JMP Securities
Meeting to be held in Los Angeles on September 12 hosted by JMP Securities.
September 5, 2014
07:54 EDTBRCMBroadcom price target raised to $50, shares attractive, says BofA/Merrill
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