New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 24, 2013
08:13 EDTCYCypress Semiconductor says cutting company down to 3 divisions
Reports Q4 book-to-bill of 0.88, up sequentially in every division for the first time all year. The company said, "We did not perform well in 2012, including the fourth quarter. Yes, the economy is lackluster, but our performance was not good even in that environment. Our revenue was at the higher end of our preliminary financial announcement on January 8, 2013, but it decreased 11% sequentially—well below our expectations at the beginning of the fourth quarter. All divisions decreased sequentially and on a year-on-year basis. We are now cutting the company down structurally from four divisions to three to rapidly reduce our operating expenses. Our goal is to re-establish the drop-through earnings leverage that has characterized Cypress since the SunPower spinout."
News For CY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 17, 2014
14:08 EDTCYCypress Semiconductor November volatility elevated into analyst meeting
Cypress Semiconductor November call option implied volatility is at 40, December and January is at 30, March is at 31; compared to its 26-week average of 33 according to Track Data, suggesting large near term price movement into a company sponsored analyst meeting on November 18.
10:43 EDTCYCypress Semiconductor to host analyst day
Subscribe for More Information
November 10, 2014
07:23 EDTCYRBC Capital to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use