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Stock Market & Financial Investment News

News Breaks
August 20, 2014
07:25 EDTFSL, FCS, SMTC, IFNNYFairchild jumps 5% after Bloomberg says Infineon near deal
Shares of Fairchild Semiconductor (FCS) are rallying 5% in pre-market trading to $16.75 after Bloomberg reported that Infineon (IFNNY) is near a deal to buy a U.S. chipmaker for around $2B. Bloomberg listed Fairchild, Semtech (SMTC) and Freescale (FSL) as potential takeover targets in the semiconductor space. The news agency said Infineon could announce an acquisition as early as today.
News For FCS;IFNNY;SMTC;FSL 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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July 15, 2015
16:32 EDTSMTCSemtech announces global reduction in force
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14:53 EDTFCSNotable companies reporting before tomorrow's open
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