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Stock Market & Financial Investment News

News Breaks
January 19, 2012
09:03 EDTCY, GSIT
theflyonthewall.com: Cypress Semi expands patent infringement claims against GSI Technology
Cypress Semiconductor (CY) reported that as a result of the discovery phase of its litigation with GSI (GSIT), the accused products list was expanded in the ongoing ITC action to include GSI’s standard Synchronous and ZBT SRAMs. In addition, in a filing with the International Trade Commission on Nov 21, 2011, a proprietary product made by GSI for its largest customer was also added to the suit. In recent weeks, Cypress has released from its ITC action several companies originally named as importers of GSI memory products incorporated into their products. These companies have agreed to terms acceptable to Cypress with respect to ending the importation of the products named in the ITC. “We continue to seek an immediate end to the importation of GSI products that infringe on Cypress’s intellectual property,” the company said. “The ITC trial is on schedule for March, and we expect to prevail.” :theflyonthewall.com



News For CY;GSIT From The Last 14 Days
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May 24, 2012
12:00 EDTCY
theflyonthewall.com: Cypress CFO sees 'touch' growing very nicely through rest of year

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11:41 EDTCY
theflyonthewall.com: Cypress Semi seeing opportunity to expand further in to auto segment

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11:38 EDTCY
theflyonthewall.com: Cypress Semi CFO says regarding M&A would look for "tuck-ins"

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11:37 EDTCY
theflyonthewall.com: Cypress Semi CFO says stock valuation good

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11:36 EDTCY
theflyonthewall.com: Cypress Semi CFO says balance sheet is in good shape

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May 18, 2012
10:27 EDTCY
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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06:36 EDTCY
theflyonthewall.com: Cypress Semi downgraded to Neutral from Buy at UBS
UBS downgraded Cypress to reflect macro weakness and the impact on its touch rebound and SRAM recovery. Price target lowered to $13.75 from $19. :theflyonthewall.com