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Stock Market & Financial Investment News

News Breaks
August 20, 2014
08:42 EDTPOWI, FCS, SMTC, IFNNYInfineon nears deal to buy U.S. semi company for $2B, Bloomberg reports
Infineon (IFNNY) is close to a deal to buy a semiconductor company based in the U.S. for around $2B, Bloomberg reports, citing sources. A deal could be announced as early as today, the sources add. Bloomberg previously reported that takeover targets in the semiconductor sector include Power Integrations (POWI), Fairchild Semiconductor International (FCS) and Semtech Corp (SMTC). Reference Link
News For IFNNY;FCS;POWI;SMTC From The Last 14 Days
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August 19, 2015
18:34 EDTSMTCOn The Fly: After Hours Movers
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16:35 EDTSMTCSemtech sees Q3 EPS 21c-24c, consensus 29c
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16:33 EDTSMTCSemtech reports Q2 EPS ex-items 24c, consensus 24c
Reports Q2 revenue $125.7M, consensus $123.74M.
14:48 EDTSMTCNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include L Brands (LB), consensus 68c... NetApp (NTAP), consensus 23c... Synopsys (SNPS), consensus 59c... Popeyes Louisiana Kitchen (PLKI), consensus 44c... Semtech (SMTC), consensus 24c.
August 17, 2015
07:39 EDTSMTCTMC to hold a conference
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August 14, 2015
10:02 EDTSMTCOn The Fly: Analyst Upgrade Summary
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06:52 EDTSMTCSemtech upgraded to Neutral from Sell at B. Riley
B. Riley upgraded SemTech to Neutral due to the selloff in shares. The firm lowered its price target to $19 from $21 on shares.

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