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Stock Market & Financial Investment News

News Breaks
December 19, 2012
19:21 EDTIDTI, PLXTIntegrated Device, PLX Technology announce termination of proposed transaction
Integrated Device Technology (IDTI) and PLX Technology (PLXT) announced that they have mutually agreed to terminate their merger agreement pursuant to which IDT would acquire PLX Technology. Concurrently, IDT also announced that it is withdrawing its related exchange offer to acquire all of the issued and outstanding shares of common stock, $0.001 par value, of PLX Technology and instructed Computershare, the exchange agent for the exchange offer, to promptly return all previously tendered shares. The decision to terminate the merger agreement and withdraw the exchange offer was made in response to a determination by the FTC to file an administrative complaint challenging IDT's proposed acquisition of PLX Technology and the absence of a clear path for the parties to complete the proposed transaction.
News For IDTI;PLXT From The Last 14 Days
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October 28, 2014
09:00 EDTIDTIIntegrated Device reports a solid beat and guidance, says Craig-Hallum
Craig-Hallum said Integrated Device reported a solid Q2 and guidance and expects shares to continue to work higher throughout FY15. The firm believes Integrated Device will be a leader in wireless charging and expects both inductive and resonance solutions to be the easy choice for customers. Shares are Buy rated with a $20 price target.
October 27, 2014
18:26 EDTIDTIOn The Fly: After Hours Movers
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17:24 EDTIDTIIntegrated Device sees Q3 EPS 21c-23c, consensus 20c
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16:58 EDTIDTIIntegrated Device sees Q3 revenue $138M-$146M, consensus $136.92M
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16:09 EDTIDTIIntegrated Device reports Q2 EPS 20c, consensus 18c
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