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Stock Market & Financial Investment News

News Breaks
July 30, 2012
09:21 EDTENOC, ELT, ERIC, ELON, ITRI, NXPI, COMV, ESE, ALUMachine to machine communication growing rapidly, NY Times says
The number of machine to machine communication devices using wireless networks will at least triple by 2017, The New York Times quoted research firm Berg Insight as saying. As many as 50B machines will be connected to wireless networks by 2020, an Ericcson (ERIC) executive said, and smart meters and the auto industry are currently the leading users of machine to machine communications, the newspaper added. Reference Link
News For ERIC;ALU;NXPI;ELT;ESE;ITRI;ENOC;COMV;ELON From The Last 14 Days
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February 12, 2016
07:15 EDTALUNokia announces settlement of reopened public exchange offer for Alcatel-Lucent
Nokia (NOK) announces that its reopened public exchange offer for Alcatel-Lucent (ALU) securities in France and in the United States has been settled and that its new shares have been entered into the Finnish Trade Register. It is expected that the newly issued Nokia shares will be delivered by Euronext Paris to the relevant financial intermediaries of the tendering holders of Alcatel-Lucent securities on February 15, while the new Nokia ADSs will today be registered in the name of the former registered Alcatel-Lucent ADS holders. The trading in the shares is expected to commence on Nasdaq Helsinki and Euronext Paris as of February 15, and the trading in the new Nokia ADSs representing the shares will commence on the New York Stock Exchange as of February 15.
06:11 EDTERICAT&T to start 5G wireless testing in 1H16, Re/code reports
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February 11, 2016
05:33 EDTALUNokia sees about EUR 900M of net operating cost synergies achived in FY18
Compared to the combined non-IFRS operating costs of Nokia (NOK) and Alcatel-Lucent (ALU) for FY15. Expected to be derived from a wide range of initiatives related to operating expenses and cost of sales, including: Streamlining of overlapping products and services, particularly within the Mobile Networks business group; Rationalization of regional and sales organizations; Rationalization of overhead, particularly within manufacturing, supply-chain, real estate and information technology; Reduction of central function and public company costs; and Procurement efficiencies, given the combined company's expanded purchasing power.
05:32 EDTALUNokia not providing annual guidance at this time due to Alcatel-Lucent deal
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February 10, 2016
05:43 EDTALUNokia says holds 91% of Alcatel-Lucent after second round of offer
The French stock market authority, Autorite des Marches Financiers, published the results of the reopened offer period of Nokia's (NOK) public exchange offer for Alcatel-Lucent (ALU) securities in France and in the United States. 426 695 572 Alcatel-Lucent ordinary shares, 52 286 499 American depositary shares, 4 795 096 OCEANE 2018 convertible bonds, 19 971 720 OCEANE 2019 convertible bonds, and 56 644 832 OCEANE 2020 convertible bonds have been tendered into the Reopened Offer in France and/or in the U.S. As a consequence, following settlement of the Reopened Offer which is expected to occur on February 12, 2016, Nokia will hold 91.25% of the share capital and at least 91.17% of the voting rights of Alcatel Lucent, 99.62% of the outstanding OCEANE 2018 convertible bonds, 37.18% of the outstanding OCEANE 2019 convertible bonds, and 68.17% of the outstanding OCEANE 2020 convertible bonds. This equates to Nokia holding 88.07% of the share capital on a fully diluted basis. Nokia will convert all of the OCEANE convertible bonds it will hold following settlement of the Reopened Offer on February 12, 2016. Consequently, less than 15% of the 2018 OCEANE convertible bonds will be outstanding and Nokia will cause Alcatel-Lucent to redeem at par value, plus accrued interest from the date the interest was last paid, to the date set for the early redemption all of the outstanding 2018 OCEANE convertible bonds, pursuant to the terms and conditions of such OCEANE convertible bonds. After the conversion of the OCEANE convertible bonds tendered into the Reopened Offer at the applicable improved conversion ratios, Nokia will hold 92.34% of the share capital and at least 92.26% of the voting rights of Alcatel-Lucent. As previously announced, the Alcatel-Lucent ADS program will be terminated following the settlement of the Reopened Offer, on February 24, 2016, and Nokia intends to cause Alcatel-Lucent to delist Alcatel-Lucent's ADSs from the NYSE and, subject to applicable law, deregister Alcatel-Lucent's ADSs under U.S. securities laws.
February 9, 2016
16:31 EDTESEESCO Technologies sees Q2 adjusted EPS 31c-36c, consensus 41c
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16:30 EDTESEESCO Technologies reaffirms 2016 EPS outlook $1.90-$2.00, consensus $1.93
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16:29 EDTESEESCO Technologies reports Q1 adjusted EPS 47c, consensus 36c
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February 8, 2016
11:06 EDTESEESCO Technologies management to meet with Needham
Meeting to be held in Kansas City, MO on February 14 hosted by Needham.
10:03 EDTNXPINXP Semiconductors share may increase in Samsung's S7, says OTR Global
OTR Global's checks indicate NXP Semiconductors could gain higher share for the NFC chip in Samsung's S7 than in the S6, which mostly used Samsung's in-house radio chip.
February 5, 2016
09:02 EDTNXPINXP Semiconductors 'back on track,' says Pacific Crest
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07:54 EDTNXPINXP Semiconductors remains top large-cap semiconductor pick, says Canaccord
Canaccord said NXP Semiconcductors remains its top large-cap semiconductor pick for the remainder of 2016. The firm noted the company reported solid Q4 results and believes it is fundamentally the best positioned mixed-signal semiconductor firm regardless of market cap. Canaccord reiterated its Buy rating and $120 price target on NXP Semiconductors shares.
February 4, 2016
07:26 EDTNXPINXP Semiconductors results 'look good,' says Bernstein
After NXP reported stronger than expected results, Bernstein says the company's gross margins are "impressive," while its guidance "appears solid." The firm keeps a $110 price target and Outperform rating on the shares.
February 3, 2016
20:08 EDTNXPINXP Semiconductors sees Q1 adjusted EPS $1.05-$1.15, consensus $1.09
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20:07 EDTNXPINXP Semiconductors reports Q4 adjusted EPS $1.25, consensus $1.07
Reports Q4 revenue $1.61B, consensus $1.29B. Reports HPMS segment revenue $1.31B, up 12% year-over-year. Reports Standard Product revenue $271M, down 18%. Quarterly results include operating results from Freescale Semiconductor from December 7 onward. Recognized restructuring charge of $239M as result of Freescale merger.
14:48 EDTNXPINotable companies reporting after market close
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February 2, 2016
18:21 EDTNXPINXP Semiconductors assumed with a Neutral at Goldman
Goldman Sachs analyst Toshiya Hari assumed NXP Semiconductors with a Neutral rating and $80 price target.
11:50 EDTALUOptions with increasing put volume; BKLN AKS ROK MCHP EXXI TPX ALU TXT RCL
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