|January 29, 2013|
|16:15 EDT||FSL||Freescale sees Q1 revenue $945M-$985M, consensus $933.1M|
Expects Q1 gross margins to increase approximately 75 to 100 basis points on a sequential basis.
News For FSL From The Last 14 Days
Check below for free stories on FSL the last two weeks.
|August 20, 2014|
|10:41 EDT||FSL||Infineon 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
|07:25 EDT||FSL||Fairchild 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.
|August 18, 2014|
|10:29 EDT||FSL||Goldman cuts sector view on semiconductors to Cautious|
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|08:04 EDT||FSL||Semiconductors sector downgraded to Cautious from Neutral at Goldman|
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.