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Stock Market & Financial Investment News

News Breaks
January 23, 2014
06:06 EDTCCMPCabot Microelectronics reports Q1 EPS 45c, consensus 56c
Reports Q1 revenue $100.5M, consensus $108.06M. The decrease in revenue is due to softer semiconductor industry demand, including traditional seasonal weakness that the company typically has experienced in its first fiscal quarter. Revenues were also adversely impacted by customary fluctuations in the company's QED Technologies business, primarily capital equipment oriented, which also recorded record revenue in the prior quarter.
News For CCMP From The Last 14 Days
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March 16, 2015
10:02 EDTCCMPOn The Fly: Analyst Downgrade Summary
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06:47 EDTCCMPCabot Microelectronics downgraded to Hold from Buy at Needham
Needham downgraded Cabot Microelectronics based on valuation, estimate risk from lower PC demand, and limited capital returns and growth.

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