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Stock Market & Financial Investment News

News Breaks
February 5, 2014
04:55 EDTCODE, CODESpansion management to meet with Needham
Meeting to be held in New York on February 12 hosted by Needham.
News For CODE From The Last 14 Days
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January 27, 2015
07:11 EDTCODESpansion and Macronix International settle patent disputes and actions
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January 23, 2015
06:41 EDTCODECypress Semiconductor upgraded to Neutral from Underweight at JPMorgan
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January 22, 2015
07:03 EDTCODESpansion sees Q1 revenue $270M-$310M, consensus $300.91M
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07:03 EDTCODESpansion reports Q4 non-GAAP EPS 30c, consensus 30c
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January 16, 2015
08:01 EDTCODECypress Semiconductor, Spansion receive early termination of HSR waiting period
Cypress Semiconductor (CY) and Spansion (CODE) announced tody that the U.S. Department of Justice and FTC have granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for their merger proposal. The companies have also received notification from Germany's Federal Cartel Office that the acquisition has been cleared to proceed. On December 1, 2014, Cypress and Spansion entered into a definitive agreement to merge in an all-stock, tax-free transaction valued at approximately $4B. The post-merger company will generate more than $2 billion in revenue annually and create a leading global provider of microcontrollers and specialized memories needed in today's embedded systems. Under the terms of the agreement, Spansion shareholders will receive 2.457 Cypress shares for each Spansion share they own. The shareholders of each company will own approximately 50 percent of the post-merger company.
January 15, 2015
08:56 EDTCODECypress Semiconductor shares defended on weakness, says Sterne Agee
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