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Stock Market & Financial Investment News

News Breaks
January 29, 2013
16:12 EDTCODESpansion sees Q1 EPS ex-items (5c)-6c, consensus 27c
Spansion sees Q1 GAAP net sales $180M-$205M, consensus $225.84M. A total of $16M in unfavorable charges are included in its Q1 view. The company said, "Assuming business confidence improves, we expect to resume revenue growth throughout 2013, following a seasonally soft first quarter."
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July 23, 2014
10:02 EDTCODEOn The Fly: Analyst Upgrade Summary
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July 22, 2014
18:06 EDTCODESpansion upgraded to Buy from Hold at Jefferies
Jefferies upgraded Spansion to Buy citing the potential for margin upside and the company's ability to monetize its intellectual property. The firm raised its price target for shares to $28 from $21.
07:04 EDTCODESpansion has positive read through from Texas Instruments, says Sterne Agee
Sterne Agee believes that Texas Instruments' (TXN) commentary on 4G telecom, auto and industrial strength should be positive for Spansion (CODE). The firm keeps a Buy rating on Spansion.
July 21, 2014
17:18 EDTCODESpansion challenges Macronix patent claims
Spansion has filed petitions with the USPTO's Patent Trial and Appeal Board to invalidate the patents that are being asserted against Spansion by Macronix International and Macronix America in an investigation that is currently pending at the U.S. International Trade Commission. In its petitions, Spansion challenges the validity of three patents addressing technologies directed to circuit designs and circuit layouts. The PTAB's decision on granting these petitions is expected in early 2015.

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