Stock Market & Financial Investment News

News Breaks November 18, 2011 08:02 EDT IMOS theflyonthewall.com: ChipMOS to put into effect $10M share repurchase program ChipMOS announced it would effect its $10M share repurchase program in compliance with Rule 10b5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The company announced approval of the share repurchase program for up to the maximum aggregate purchase price of $10M by the company's Board of Directors in a company's press release dated Oct. 3. In the same press release, the company indicated it intended to effect the repurchases commencing in Q4 of 2011 in accordance with the requirements of Rule 10b-5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended. :theflyonthewall.com News For IMOS From The Last 14 Days Check below for free stories on IMOS the last two weeks. There are 7 items on the Fly with pertinent information. Sign up for a free trial to see the rest of the stories you've been missing. May 18, 2012 06:48 EDT IMOS theflyonthewall.com: ChipMOS reports April revenue $54.3M, up 4.5% from March Subscribe for More Information :theflyonthewall.com 06:36 EDT IMOS theflyonthewall.com: ChipMOS expects Q2 consolidated gross margin growth of approximately 10%-15% Subscribe for More Information :theflyonthewall.com 06:35 EDT IMOS theflyonthewall.com: ChipMOS expects Q2 revenue growth of approximately 7%-12% vs. Q1 Subscribe for More Information :theflyonthewall.com 06:35 EDT IMOS theflyonthewall.com: ChipMOS generated free cash flow of $24.5M in Q1 Subscribe for More Information :theflyonthewall.com 06:34 EDT IMOS theflyonthewall.com: ChipMOS reports Q1 EPS (21c) vs. (16c) in Q1 of 2011 Subscribe for More Information :theflyonthewall.com May 14, 2012 10:03 EDT IMOS theflyonthewall.com: ChipMOS breaks out above its 10-day MA, resistance is at $14 Subscribe for More Information :theflyonthewall.com May 13, 2012 15:49 EDT IMOS theflyonthewall.com: ChipMOS has made a remarkable comeback, Barron's contends Earnings and cash flow are rising strongly at ChipMOS (IMOS), as the company eliminates debt. Its comeback is being fueled by hot markets like smartphones, tablets, and vehicle infotainment systems. Some shareholders expect ChipMOS to initiate a dividend eventually. Bulls believe its main subsidiary, ChipMOS Taiwan, will listed in Taipei. Finally, ChipMOS's low price and good prospects could tempt an acquirer -- although there's no indication that they have. At $12.63, ChipMOS stock was trading at less than 4x this year's expected free cash flow -- making the shares cheap, Barron's says. Its shares also trade at a P/E of 7x expected 2012 net, below the industry average of 10x. Reference Link :theflyonthewall.com