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March 26, 2012
04:55 EDTERIC, ERIC, ERIC, ERIC, XLNX, XLNX, XLNX, XLNX, LSI, LSI, LSI, LSI, AUTH, AUTH, AUTH, AUTH, MXIM, MXIM, MXIM, MXIM, NATI, NATI, NATI, NATI, BA, BA, BA, BA, INTC, INTC, INTC, INTC, TXN, TXN, TXN, TXN, AVT, AVT, AVT, AVT, FSL, FSL, FSL, FSLUBM Electronics to host a conference
2012 Embedded Systems Conference: ESC 2012 is being held in San Jose on March 26-29.
News For FSL;AVT;TXN;INTC;BA;NATI;MXIM;AUTH;LSI;XLNX;ERIC From The Last 14 Days
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June 24, 2015
11:01 EDTINTCHoneywell and Intel to collaborate for Internet of Things security
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10:38 EDTERICEricsson announces deal with SaskTek to provide M2M connectivity
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09:42 EDTFSLArrow Electronics named preferred distributor of Freescale SCM
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09:38 EDTAVTAvnet upgraded to Buy from Hold at Cross Research
09:35 EDTINTCActive equity options trading on open
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07:32 EDTBANew Boeing CEO Muilenburg to inherit tough decisions, Bloomberg says
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05:31 EDTERICEricsson provides update on cost and efficiency program
The global cost and efficiency program, announced at Ericsson's Capital Markets Day on November 13, 2014, is progressing according to plan. The ambition is to achieve savings of approximately SEK 9B., with full effect during 2017. As part of the global program, on March 11, 2015, Ericsson announced that 2,200 positions in Sweden, mainly in R&D and Supply, were subject to notice. As the next step of this activity, individuals on different locations in Sweden have been given notice during June. In total, there will be a reduction of approximately 2,100 positions, with some 1,700 employees leaving the company.For Q2, restructuring costs of approximately SEK 2.5B are expected. These estimated costs include normal ongoing restructuring as well as charges related to the cost and efficiency program, this quarter primarily driven by changes in Sweden. Savings related to this specific activity will start to impact results towards the end of 2015.
June 23, 2015
19:03 EDTBAOn The Fly: After Hours Movers
UP AFTER PROVIDING GUIDANCE: MeetMe (MEET), up 18.8%. ALSO HIGHER: Nektar Therapeutics (NKTR), up 4.3% after being added to S&P 600... Quidel (QDEL), up 5% after receiving FDA clearance for new Solana molecular system and assay... Vanda Pharmaceuticals (VNDA), up 4.6% after announcing positive results from REPRIEVE study... Netflix (NFLX), up 3.4% after announcing seven-for-one stock split. LOWER: Alcobra (ADHD), down 2.5% after announcing that it will host a conference call and simultaneous webcast presentation to present results from the Phase II clinical trial of MDX... Sysco (SYY), down 2.6% after bid for U.S. foods blocked was blocked by a federal judge... Boeing (BA), down marginally after announcing CEO transition.
17:40 EDTBABoeing incoming CEO Muilenburg says must deliver on 777 bridge program
Regarding the appointment of Dennis Muilenburg as Boeing CEO, outgoing CEO James McNerney says, "in many ways, there's not going to be a change." Muilenburg noted that the current defense market is more "challenging," and that the company needs to deliver on its 777 bridge program. Muilenburg added that the company's backlog remains "solid." Both executives are speaking on CNBC.
16:32 EDTBABoeing names Dennis Muilenburg CEO
The Boeing board has elected Dennis Muilenburg as the company's CEO, succeeding W. James McNerney, Jr., who held the position for the past 10 years. Muilenburg, who has served as Boeing president and COO since 2013, becomes president and CEO on July 1. McNerney, who joined Boeing's board in 2001, continues as its chairman. To ensure a smooth transition of his CEO responsibilities to Muilenburg, he will continue working as a company employee until retiring at the end of February 2016.
13:15 EDTBABoeing sued over claims of toxic airplane cabin air, Chicago Tribune says
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12:54 EDTINTCPC concerns weighing on shares of Seagate, Western Digital
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07:41 EDTINTCRed Hat to hold a summit
Red Hat Summit 2015 is being held in Boston on June 23-26 with webcasted company presentations to begin on June 23 at 4 pm; not all presentations may be webcasted. Webcast Link
07:02 EDTFSLFreescale introduces MCU platform based on ARM Cortex-M class platform
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06:05 EDTINTCIntel pushing into SSD market and hope to surpass Samsung in 2016, DigiTimes says
Intel (INTC) is looking to push into the SSD market with its newest 750 series SSDs with technology able to enhance the transmission speed, reports DigiTimes. According to sources from the upstream supply chain, the company is also offering price cuts on its existing products in order to narrow its gap with the largest vendor Samsung (SSNLF). Sources also expect Intel to draw near to Samsung in 2H15 and may even have a chance to surpass Samsung in 2016. Reference Link
06:05 EDTINTCNo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
June 22, 2015
09:40 EDTINTCActive equity options trading on open
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08:35 EDTINTCKopin divests interest in Recon Instruments
Kopin (KOPN) said it had divested its equity interest in Recon Instruments as part of Intel Corporationís (INTC) acquisition of Recon. Kopin anticipates that it will receive approximately $6M in cash proceeds for its equity interest, subject to certain closing conditions including a working capital adjustment.
06:18 EDTBASuppliers worried about Airbus, Boeing production rate hike, Reuters reports
Major engine suppliers, including General Electric (GE) and Safran, are becoming worried that they may lose out if they invest to meet higher commercial jet production targets from Airbus (EADSY) and Boeing (BA) that may prove unsustainable, Reuters reports. Airbus and Boeing have plans to raise production rates of their best selling single aisle planes by 25% to 50-52 a month in 2017-2018, the report says. Suppliers have said that they need to secure the start of a steep rise in output before making a commitment to even loftier targets, the report says. Reference Link
June 21, 2015
16:32 EDTINTCAMD considers spinoff or break-up, Reuters says
AMD (AMD) has hired a consulting firm to help it review a potential split or spinoff, Reuters reported late Friday, citing three people familiar with the matter. Reuters notes that AMD may be seeking to better compete with Intel (INTC), and sources said one option being considered is to separate AMD's server business from its graphics and licensing arm. Though the company had previously decided against such an option, sources noted that CEO Lisa Su believes the move is worth reconsidering. Reference Link
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