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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:14 EDTGTATGT Advanced downgraded to Neutral from Buy at UBS
UBS downgraded GT Advanced (GTAT) and removed it from the US Key Call list following monthly checks on its Arizona sapphire fab that indicat it shipped less sapphire than previously expected in May. The firm is not sure if the slowdown is due to a GT Advanced issue or a request by Apple (AAPL) but does see increased execution risk near-term as a bigger ramp will be needed in 2H and notes the company has not confirmed the fourth payment from Apple that was due at the end of April.
News For GTAT From The Last 14 Days
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December 16, 2014
06:16 EDTGTATGT Advanced's settlement with Apple approved by bankruptcy court, WSJ reports
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