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Stock Market & Financial Investment News

News Breaks
August 20, 2014
08:42 EDTFCS, SMTC, IFNNY, POWIInfineon 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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July 17, 2015
10:05 EDTFCSOn The Fly: Analyst Upgrade Summary
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06:29 EDTFCSFairchild upgraded to Outperform from Market Perform at FBR Capital
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July 16, 2015
08:53 EDTSMTCSemtech job cuts a step in right direction, says Stephens
Stephens said it views Semtech's (SMTC) decision to reduce its workforce by about 8% is a step in the right direction given current growth challenges, which the firm attributes to slow demand from Samsung (SSNLF). Stephens sees the right-sizing efforts should drive leverage as top-line growth resumes and reiterates its Overweight rating and $32 price target on Semtech shares.
07:36 EDTFCSFairchild sees Q3 revenue $355M-$375, consensus $383.72M
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07:35 EDTFCSFairchild reports Q2 adjusted EPS 12c, consensus 20c
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July 15, 2015
16:32 EDTSMTCSemtech announces global reduction in force
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14:53 EDTFCSNotable companies reporting before tomorrow's open
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