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Stock Market & Financial Investment News

News Breaks
January 30, 2013
12:23 EDTKLICKulicke & Soffa falls for a second day after earnings miss, levels to watch
The shares are down over 5.8% today, a second day of weakness following a disappointing earnings report. At the current price of $11.09, next support is at $10.66. Resistance is at $11.21, an area of prior support from late last year.
News For KLIC From The Last 14 Days
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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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