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Stock Market & Financial Investment News

News Breaks
August 20, 2014
10:41 EDTSMTC, FCS, IFNNY, FSLInfineon not buying Fairchild or Fairchild, Reuters reports
A source said Infineon (IFNNY) is not buying Fairchild (FCS) or Freescale (FSL) and declined to comment on other potential takeover candidates, Reuters reports. Infineon is seeking to acquire a U.S.-based semiconductor company for about $2B, Reuters and Bloomberg reported today, citing sources. Semtech (SMTC) was listed by Bloomberg as a potential target for Infineon along with Fairchild and Freescale. Reference Link
News For FCS;FSL;IFNNY;SMTC From The Last 14 Days
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July 28, 2015
08:35 EDTFSLNXP Semiconductors risk/reward positive ahead of earnings, says Pacific Crest
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July 23, 2015
16:28 EDTFSLFreescale sees Q3 adjusted EPS 47c-51c, consensus 56c
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16:26 EDTFSLFreescale reports Q2 adjusted EPS 57c, consensus 50c
Reports Q2 revenue $1.2B, consensus $1.18B. Reports Q2 GAAP gross margin 48.1%.
July 17, 2015
10:05 EDTFCSOn The Fly: Analyst Upgrade Summary
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06:29 EDTFCSFairchild upgraded to Outperform from Market Perform at FBR Capital
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July 16, 2015
08:53 EDTSMTCSemtech job cuts a step in right direction, says Stephens
Stephens said it views Semtech's (SMTC) decision to reduce its workforce by about 8% is a step in the right direction given current growth challenges, which the firm attributes to slow demand from Samsung (SSNLF). Stephens sees the right-sizing efforts should drive leverage as top-line growth resumes and reiterates its Overweight rating and $32 price target on Semtech shares.
07:36 EDTFCSFairchild sees Q3 revenue $355M-$375, consensus $383.72M
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07:35 EDTFCSFairchild reports Q2 adjusted EPS 12c, consensus 20c
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