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Stock Market & Financial Investment News

News Breaks
October 10, 2012
08:03 EDTCY, RMTRCypress Semiconductor completes tender offer for Ramtron
Cypress Semiconductor (CY) announced the completion of its initial tender offer for all of the outstanding stock of Ramtron International Corporation (RMTR). The initial offering period expired at 12:00 midnight, New York City time, on October 9, 2012. Computershare Inc., the depositary for the tender offer, has advised Cypress that as of such time 23,290,666 shares had been validly tendered and not withdrawn, representing, together with shares beneficially owned by Cypress, a total of approximately 70% of Ramtronís outstanding stock. An additional 559,785 shares were tendered subject to guaranteed delivery procedures, representing approximately 2% of Ramtronís outstanding stock. All shares validly tendered and not withdrawn were accepted for payment.
News For CY;RMTR From The Last 14 Days
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December 15, 2014
07:06 EDTCYCypress Semiconductor upgraded to Outperform from Neutral at Wedbush
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December 10, 2014
08:54 EDTCYCypress Semiconductor price target raised to $18 from $13 at Sterne Agee
Sterne Agee increased its price target on Cypress (CY) as the firm expects the company's merger with Spansion (CODE) to produce about $135M of synergies, with 50% of the synergies materializing in the first year. The firm keeps a Buy rating on Cypress.

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