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Stock Market & Financial Investment News

News Breaks
November 9, 2012
08:50 EDTKLICKulicke & Soffa shares should be bought on weakness, says DA Davidson
After Kulicke & Soffa reported Q4 results that DA Davidson views as strong but provided Q1 revenue guidance whose midpoint came in below the consensus, the firm thinks the company has several upcoming positive catalysts. It reiterates a $20 target and Buy rating on the stock.
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April 22, 2014
15:35 EDTKLICLemelson Capital urges Kulicke & Soffa to repurchase at least $250M in shares
Lemelson said, "Lemelson Capital's unwavering belief the time is long overdue for the company to authorize a sizeable (at least $250 million) share buy-back. While it is appreciated that a substantial part of K&S's cash is held off-shore, the company could easily use debt to finance such a repurchase at very favorable interest rates.Lemelson Capital considers K&S to be one of its most important commitments, and to be abundantly clear is very much supportive of your leadership and strategy. The sole criticism outlined in this letter stems from the conspicuous absence of a significant buyback program."
15:32 EDTKLICLemelson Capital announces significant equity stake in Kulicke & Soffa
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