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Stock Market & Financial Investment News

News Breaks
August 21, 2014
09:00 EDTAVGO, IRF, IFNNY, NXPI, CODESeveral semi companies have positive read through from deal, says Sterne Agee
After Infineon (IFNNY) bought International Rectifier (IRF), Sterne Agee thinks the deal indicates that the shares ofother players in the sector - including Spansion (CODE), NXP Semiconductors (NXPI), and Avago (AVGO) - can rise further. The firm keeps Buy ratings on the latter three stocks.
News For CODE;NXPI;AVGO;IFNNY;IRF From The Last 14 Days
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November 26, 2014
12:34 EDTNXPIApple Pay competitor to reportedly launch in China, WantChinaTimes says
China UnionPay, the largest issuer of credit and debit cards in China, is promoting a mobile payment system for smartphones that use Google's (GOOG) Android operating system, China Business News reported, according to WantChinaTimes. The service will use NFC technology like Apple;'s (AAPL) Apple Pay, and launch in the third quarter of 2015, WantChina Times quoted the China Business News article as saying. NXP Semiconductors (NXPI) and Broadcom (BRCM) manufacture NFC chips. Reference Link
07:01 EDTAVGOAvago price target raised to $109 from $99 at RBC Capital
RBC Capital increased its price target on Avago (AVGO) based on strong sales of Apple's (AAPL) iPhone. The firm also notes that three other RF-based semiconductor companies recently reported strong results. The firm keeps an Outperform rating on Avago.
November 25, 2014
06:11 EDTAVGO, AVGOAvago initiated with a Buy at CLSA
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November 24, 2014
05:10 EDTNXPINXP Semiconductors acquires assets and IP from Quintic
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November 21, 2014
07:27 EDTCODENeedham to hold a tour
Needham Tech Tour travels throughout Silicon Valley on November 20-21.
November 19, 2014
07:30 EDTNXPIMorgan Stanley to hold a conference
European Technology, Media & Telecoms Conference is being held in Barcelona, Spain on November 19-21.
November 17, 2014
08:48 EDTAVGOSkyworks, Avago, and RF Micro Devices recommended at BofA/Merrill
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November 14, 2014
18:05 EDTNXPIRelational Investors gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: None. DECREASED STAKES: Mondelez (MDLZ), Manitowoc (MTW), Clean Harbors (CLH), and Hologic (HOLX). LIQUIDATED STAKES: Ingersoll-Rand (IR), B/E Aerospace (BEAV), Timken (TKR), Hess (HES), and NXP Semiconductors (NXPI).
17:13 EDTNXPIAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
10:22 EDTCODESpansion management to meet with Roth Capital
Meeting to be held in San Francisco on November 17 hosted by Roth Capital.
November 12, 2014
07:04 EDTCODESpansion licenses ARM's Cortex-M7 processor
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