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Stock Market & Financial Investment News

News Breaks
June 9, 2014
07:18 EDTXCRA, MTSN, ACLS, BRKS, COHU, MKSINeedham to hold a conference
5th Annual SemiCap Corporate Access Day to be held in Boston on June 9.
News For BRKS;MTSN;MKSI;ACLS;XCRA;COHU From The Last 14 Days
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March 6, 2015
08:02 EDTACLSAxcelis reaches agreement with Vertex Capital
Axcelis announced it has reached an agreement with Vertex Capital Advisors, whereby the company will nominate Richard Faubert and John Kurtzweil to its board at the company's 2015 Annual Meeting of Stockholders. The board will continue to be comprised of nine members. In connection with today's announcement, Vertex has withdrawn its prior director nominations and agreed to certain customary standstill and voting provisions, including voting in favor of all nominees recommended by Axcelis' Board at the 2015 Annual Meeting of Stockholders.
March 3, 2015
11:55 EDTACLSVertex says 'dismayed' by Axcelis letter to shareholders
Vertex Capital Advisors, owner of 6.7% of the outstanding common stock of Axcelis, issued a statement, which read in part, "We were dismayed to read the February 13, 2015 Axcelis letter to stockholders; a letter we believe to be a fanciful communication whose central purpose appears to be an effort to obscure and divert attention from the longstanding reality at the Company: Axcelis has a storied history of poor operating performance, poor corporate governance, and miserable stockholder returns. It was not until the Company was faced with outside stockholder pressure from Vertex at last year's annual meeting of stockholders that the Company's Board of Directors seemed prodded into action. Many of the 'bold' actions the Axcelis Board touts in its letter to stockholders, appear to have been undertaken in reaction to our involvement and suggestions we made to the Company to create stockholder value...We strongly believe in the Company's potential and, because of that, have over $20 million invested in the Company. But in light of its poor historical track record, which extends over a decade now, we simply do not have confidence in the current Board's ability to properly oversee management and protect the interests of stockholders...We strongly believe our highly qualified nominees have the experience, skills and much needed independence to help Axcelis become the premier player in ion implantation. "
11:14 EDTBRKSBrooks Automation management to meet with Sidoti
Meeting to be held in the Mid-Atlantic area on March 5 hosted by Sidoti.
February 26, 2015
12:18 EDTXCRAXcerra management to meet with Craig-Hallum
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08:05 EDTACLSAxcelis wins new order for 'Purion XE' high enery implanter
Axcelis has received a new order for the company's Purion XE single wafer, high energy implanter. The Purion XE will support a new capacity expansion at a memory fab in the Asia Pacific Region, and will be used in high volume production of 3D NAND Flash devices. The system shipped in Q1.
06:57 EDTXCRAXcerra sees Q3 non-GAAP EPS 4c-9c, consensus 7c
Sees Q3 revenue $103M-$108M, consensus $106.18M. Third quarter guidance is based on our target model which assumes a normalized product mix and excludes any impact from exchange rate fluctuations. The non-GAAP net income guidance excludes amortization of purchased intangible assets of approximately $428,000.
06:56 EDTXCRAXcerra reports Q2 EPS excl items 4c, consensus (7c)
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February 24, 2015
07:19 EDTXCRASusquehanna to hold a summit
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