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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:14 EDTESIOElectro Scientific reports Q3 adjusted EPS (5c), consensus (4c)
Reports Q3 revenue $37.9M, consensus $40.07M.
News For ESIO From The Last 14 Days
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May 8, 2013
10:00 EDTESIOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ametek (AME) upgraded to Buy from Neutral at Citigroup... IAMGOLD (IAG) upgraded to Buy from Hold at Canaccord... Lowe's (LOW) upgraded to Buy from Neutral at ISI Group... lululemon (LULU) upgraded to Buy from Neutral at Sterne Agee... Myriad Genetics (MYGN) upgraded to Buy from Neutral at Mizuho... Orion Marine (ORN) upgraded to Outperform from Market Perform at FBR Capital... Trex Company (TREX) upgraded to Buy from Hold at BB&T... U.S. Auto Parts (PRTS) upgraded to Buy from Neutral at Roth Capital... Electronic Arts (EA) upgraded to Neutral from Sell at Monness Crespi... Electro Scientific (ESIO) upgraded to Buy from Hold at Noble Financial... Darling (DAR) upgraded to Buy from Hold at Maxim... J.C. Penney (JCP) upgraded to Hold from Sell at Maxim... Louisiana-Pacific (LPX) upgraded to Neutral from Underperform at DA Davidson... Grupo Televisa (TV) upgraded to Overweight from Equal Weight at Morgan Stanley... Marathon Oil (MRO) upgraded to Outperform from Neutral at Macquarie... Sibanye Gold (SBGL) upgraded to Overweight from Neutral at JPMorgan... Carrols Restaurant (TAST) upgraded to Strong Buy from Outperform at Raymond James.
09:14 EDTESIOElectro Scientific business has bottomed, says DA Davidson
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08:58 EDTESIOElectro Scientific upgraded to Buy from Hold at Noble Financial
Price target is $15.
May 7, 2013
16:24 EDTESIOElectro Scientific exṕects FY14 non-GAAP EPS breakeven to slightly positive
Sees FY14 revenue mid to high $40M range, consensus $48M. FY14 view includes revenues from the recent acquisition. Company concluded, "ESI is focused on the growth industries of smart consumer electronics, 3D semiconductor packaging and LED. We continue to pursue applications within those industries where our expertise in laser microfabrication can improve our customers' manufacturing yield, add new capabilities, increase their throughput and lower their cost. And with our acquisition of GSI's Semiconductor Systems business we have expanded our offerings and services to our customers. Laser microfabrication is a growing business, and our mission is to be the leading laser microfabrication company in the world."
16:21 EDTESIOElectro Scientific reports Q4 non-GAAP EPS (3c), consensus (7c)
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