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Stock Market & Financial Investment News

News Breaks
April 7, 2014
08:04 EDTFSLFreescale to buy Mindspeed ARM processor business from MACOM
Freescale Semiconductor has entered into a definitive agreement to purchase the Comcerto CPE communications processor business of Mindspeed Technologies. This business includes a series of multicore, ARM-based embedded processors and associated software, a talented team, and Tier One customers spanning the globe. Obtained by M/A-COM Technology Solutions Holdings, or MACOM, when it acquired Mindspeed, the acquired business includes the Comcerto 100, 1000 and 2000 product families. The company said the transaction will enhance Freescale’s leadership position in multicore processors, and extend the company’s product portfolio. As part of the agreement, members of the business will join Freescale. The closing of the transaction is subject to customary closing conditions and is expected to close in Q2. Terms of the deal were not disclosed.
News For FSL From The Last 14 Days
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October 23, 2014
16:20 EDTFSLFreescale sees Q4 revenue $1.08B-$1.13B, consensus $1.18B
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16:20 EDTFSLFreescale reports Q3 adjusted EPS 49c, consensus 43c
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15:30 EDTFSLNotable companies reporting after market close
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09:53 EDTFSLFreescale November calls active into Q3 and outlook
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October 22, 2014
10:03 EDTFSLThe Linley Group to hold a conference
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October 16, 2014
10:01 EDTFSLOn The Fly: Analyst Upgrade Summary
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06:55 EDTFSLFreescale upgraded to Buy from Hold at Needham
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October 13, 2014
06:46 EDTFSLFreescale downgraded to Sector Perform from Outperform at Pacific Crest
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