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Stock Market & Financial Investment News

News Breaks
January 25, 2013
09:45 EDTKLACKLA-Tencor gaps up, exceeds pattern objective, levels to watch
The shares are up over 11% this morning, building on gains in the extended session yesterday after the company reported strong results. Deutsche Bank and Pacific Crest both upgraded shares in the wake of that report. Resistance at the current price of $57.74 is at $59.57. Support is at $56.91.
News For KLAC From The Last 14 Days
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November 19, 2014
19:40 EDTKLACKLA-Tencor lowers Q2 EPS guidance to 37c-61c from 46c-70c, consensus 58c
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19:34 EDTKLACKLA-Tencor declares special dividend of $16.50 per share
KLA-Tencor Corporation announced that its board has declared a special cash dividend of $16.50 per share on its common stock payable on December 9 to KLA-Tencor stockholders of record as of the close of business on December 1. The special cash dividend was approved by KLA-Tencor's board on November 19. Of the $16.50 per share distribution, KLA-Tencor currently expects between $11.50-$12.50 per share to be characterized as a dividend, and the remaining amount of the distribution to be characterized as a return of capital. KLA-Tencor's board has also authorized the redemption of $750.0M outstanding principal amount of KLA-Tencor's 6.900% senior notes due 2018.
November 17, 2014
07:52 EDTKLAC, KLACKLA-Tencor downgraded to Underperform from Outperform at CLSA

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