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Stock Market & Financial Investment News

News Breaks
January 7, 2014
04:55 EDTINTC, INTC, INTC, INTC, DIOD, DIOD, DIOD, DIOD, MU, MU, MU, MU, CY, CY, CY, CY, MXL, MXL, MXL, MXL, SQNS, SQNS, SQNS, SQNS, SIMO, SIMO, SIMO, SIMO, NVDA, NVDA, NVDA, NVDA, HIMX, HIMX, HIMX, HIMX, CEVA, CEVA, CEVA, CEVA, INVN, INVN, INVN, INVN, AMBA, AMBA, AMBA, AMBATopeka to hold meetings at CES 2014
Company Meetings at CES 2014 are being held in Las Vegas on January 7-10.
News For INTC;INVN;CEVA;HIMX;NVDA;SIMO;SQNS;MXL;CY;MU;DIOD;AMBA From The Last 14 Days
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September 9, 2014
18:31 EDTDIODOn The Fly: After Hours Movers
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16:27 EDTDIODDiodes raises Q3 revenue view to $230M-$238M from $228M-$238M, consensus $233.6M
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16:23 EDTMXLOn The Fly: Closing Wrap
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14:12 EDTINTCApple confirms wireless charging for Apple Watch
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13:37 EDTINVNInvenSense rises 2.5% during Apple iPhone launch event
InvenSense (INVN) provides intelligent motion processing solutions. Apple (AAPL) discussed the motion sensing capabilities of its new phone during the launch presentation.
13:03 EDTINTCIntel head feels expensive tablet chip plan beneficial, Reuters says
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12:10 EDTMXLOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday after opening in the red and trading in a narrow range throughout the morning. The domestic economic calendar only had two reports of consequence, and neither was particularly market moving. All eyes are on Cupertino, California, where Apple (AAPL) will shortly begin its much-anticipated product launch event. ECONOMIC EVENTS: In the U.S., the NFIB small business optimism survey for August came in at 96.1, which was above the expected 96.0 reading. The Job Openings and Labor Turnover Survey, or JOLTS report, showed job openings slipped 2K to about 4.67M in July. COMPANY NEWS: Shares of Apple were up 1% near noon ahead of the tech giant's latest product launch event, which is scheduled to begin at 1 pm ET. Expectations are for the company to introduce the iPhone 6, which has widely been speculated to be bigger than past members of the line-up and may come in 4.7 inch and 5.5 inch sizes. The company is also expected to unveil a wearable device, likely a smartwatch, and a mobile payment system integrated with both... Shares of fast food giant McDonald’s (MCD) slid 1% after reporting its comparable sales were down 3.7% worldwide in August and that its China supplier issue will negatively impact its Q3 EPS by 15c-20c. MAJOR MOVERS: Among the notable gainers was Annies (BNNY), which surged 38% after prepared foods giant General Mills (GIS) last night said that it had agreed to buy the mac and cheese maker for $820M, or $46 per share in cash. Shares of a number of other natural food makers climbed after the deal, as WhiteWave (WWAV) rose nearly 3% and Boulder Brands (BDBD) jumped over 8%. Following the deal announcement, shares of General Mills slipped about 0.5%. Among the noteworthy losers was Leidos (LDOS), which dropped 15% after the company reported lower than expected second quarter earnings and cuts its EPS view for the fiscal year. Also lower was MaxLinear (MXL), which fell 15% after the company said several of its cable and satellite customers have requested push-outs of shipments, resulting in the company lowering its Q3 revenue outlook and Needham downgrading the stock to Buy from Strong Buy. INDEXES: Near midday, the Dow was down 69.02, or 0.4%, to 17,042.40, the Nasdaq was down 14.93, or 0.33%, to 4,577.35, and the S&P 500 was down 6.74, or 0.34%, to 1,994.80.
10:15 EDTMXLMaxLinear downgraded to Buy from Strong Buy at Needham
Needham downgraded MaxLinear to Buy following lowered Q3 guidance.
10:05 EDTMXLMaxLinear management to meet with Benchmark
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08:51 EDTINTCIntegrated Device says 'working closely' with Intel on wireless charging
Integrated Device Technology (IDTI) announced earlier at the Intel Developer Forum that it is working closely with Intel (INTC) on the development of wireless charging solutions to accelerate the delivery and adoption of the technology. The two companies, both board members of the Alliance for Wireless Power, will define, design and manufacture solutions that comply with the A4WP magnetic resonance standard. The new technology will offer the ability to charge both lower and higher power devices, from wearables and phones to tablets and PCs. The companies expect to have their technology in products in 2015, IDT stated.
07:29 EDTINTCUBM Canon to hold a summit
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07:28 EDTINTCThe Money Event, Inc to hold a conference
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07:22 EDTMURaymond James to hold a conference
North American Equities Conference to be held in London, England on September 9.
07:17 EDTINTCThe Wireless Association to hold a conference
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07:13 EDTINTCIntel to hold a forum
Annual Developers Forum: IDF 2014 to be held in San Francisco on September 9-11.
07:11 EDTINTCUBM Tech to hold a conference
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05:26 EDTMXLMaxLinear lowers Q3 revenue outlook to $32M-$33M from $36M-$38M
Consensus $37.29M. MaxLinear also announced that it expects gross margin for Q3 to be approximately 61%, compared with prior guidance of 62.0% to 62.5%. Dr. Kishore Seendripu, president and CEO of MaxLinear stated, "Despite entering the third quarter with confidence in our guidance range, several of our cable and satellite customers have since requested push-outs of shipments previously scheduled for the current quarter. In our prior guidance for Q3, we had assumed a sequential decline in Cable revenues of approximately 2%-5%. We now expect Cable revenues to decline sequentially by about 25%. These push-out requests are primarily related to 24-channel DOCSIS 3.0 cable modem and gateway solutions, where channel inventory appears to have built-up as a result of strong shipments in the first half of 2014."
September 8, 2014
13:18 EDTINTCIntel 'Grantley' line could drive server processor unit growth, says Wells Fargo
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13:15 EDTINTCIntel introduces Xeon processors for servers
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13:03 EDTCYCypress Semiconductor management to meet with Needham
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