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Stock Market & Financial Investment News

News Breaks
February 26, 2013
05:34 EDTINVN, AVTInvenSense, Avnet Memec sign Pan-European distribution agreement
InvenSense (INVN) and Avnet Memec, an Avnet (AVT) company announced the formation of a pan-European value-added distribution agreement. With the new partnership, Avnet Memec is chartered with sales and value-added support for InvenSense's MotionTracking devices throughout Europe and Israel.
News For INVN;AVT From The Last 14 Days
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August 31, 2014
13:35 EDTINVNRoth Capital to hold a conference
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13:20 EDTAVTCitigroup to hold a conference
Global Technology Conference to be held in New York on September 2-4.
August 30, 2014
10:08 EDTINVNRF Micro Devices, Micron better play on Apple suppliers, Barron's says
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August 25, 2014
17:02 EDTINVNInvenSense names Mark P. Dentinger as CFO, effective September 2
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August 24, 2014
21:59 EDTAVTVMware to hold a conference
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August 18, 2014
10:29 EDTINVNGoldman cuts sector view on semiconductors to Cautious
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10:01 EDTINVNOn The Fly: Analyst Downgrade Summary
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09:03 EDTINVNOn The Fly: Pre-market Movers
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08:04 EDTINVNSemiconductors sector downgraded to Cautious from Neutral at Goldman
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.
05:23 EDTINVNInvenSense downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded InvenSense (INVN) to Neutral citing valuation with shares near its $25 price target. Goldman also believes the near-term catalyst of share gains at Apple (AAPL) has passed. InvenSense closed Friday down 1c to $24.99.

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