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Stock Market & Financial Investment News

News Breaks
December 30, 2012
12:54 EDTCY, GSITITC reviewing 'Initial Determination' in Cypress GSI Tech patent case
Late Friday, Cypress Semiconductor (CY) announced that the International Trade Commission, ITC, has agreed to review the entire Initial Determination issued by Chief Administrative Law Judge Charles E. Bullock in the pending patent case between Cypress and GSI Technology (GSIT). Cypress has asserted that GSI SRAMs infringe multiple Cypress patents. The Commission also remanded the case back to Judge Bullock for a ruling on the validity and the enforceability of Cypress’s patents. After Judge Bullock completes his ruling, the Commission will review his initial findings on non-infringement as well as his rulings on validity and enforceability.
News For CY;GSIT From The Last 14 Days
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July 18, 2014
11:25 EDTCYOptions with decreasing implied volatility
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July 17, 2014
11:40 EDTCYCypress Semiconductor sees Q3 EPS 15c-17c, consensus 17c
Sees Q3 revenue $185M-$191M, consensus $197.56M. Sees Q3 gross margin to decrease slightly to 53% in Q3. Says inventory dollars to remain flat in Q3. Sees Q3 CapEx $7M. Comments made during the company's Q2 earnings conference call.
08:02 EDTCYCypress Semiconductor reports Q2 EPS 16c, consensus 12c
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