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Stock Market & Financial Investment News

News Breaks
July 8, 2014
06:35 EDTKLACKLA-Tencor board announces $1B share repurchase authorization
The board approved an increase in the company's share repurchase program for up to 13M additional shares of the company's common stock. This is in addition to the company's prior repurchase authorizations, under which approximately 2M shares remained available for repurchase as of June 30. The company's share repurchase program is now valued at over $1B based upon the closing price of the company's common stock as of July 7. The company presently anticipates that the current share repurchase authorization will be executed over the next 12-18 months.
News For KLAC From The Last 14 Days
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July 25, 2014
09:25 EDTKLACSanDisk has positive read through from KLA-Tencor, says Sterne Agee
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07:51 EDTKLACKLA-Tencor price target lowered to $80 from $85 at UBS
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06:29 EDTKLACKLA-Tencor pullback a buying opportunity, says Citigroup
Citigroup views the post-earnings pullback in shares of KLA-Tencor as a buying opportunity. Citi believes the weaker than expected September quarter outlook is not indicative of the company's long-term earnings power. It raised its price target for shares to $85 from $82 and keeps a Buy rating on the stock.
July 24, 2014
17:09 EDTKLACKLA-Tencor sees Q1 EPS 34c-54c, may not compare to consensus 88c
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16:38 EDTKLACKLA-Tencor reports Q4 EPS 80c, consensus 86c
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