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Stock Market & Financial Investment News

News Breaks
January 23, 2013
16:17 EDTLRCXLam Research Announces planned departure of CFO
Lam Research Corporation announced that after more than 15 years with Lam, Ernie Maddock, chief financial officer, will be leaving the Company in mid-April. The Company has an active search for a successor and consistent with prior planned executive transitions at Lam, Maddock will remain Chief Financial Officer until a successor is in place and will remain available as necessary to ensure a smooth transition thereafter.
News For LRCX From The Last 14 Days
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July 31, 2014
08:46 EDTLRCXLam Research price target raised to $85 from $80 at Cowen
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08:18 EDTLRCXGoldman said increased DRAM supply an incremental negative for Micron
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July 30, 2014
18:54 EDTLRCXOn The Fly: After Hours Movers
UP AFTER EARNINGS: VistaPrint (VPRT), up 20.6% after reporting better than expected quarterly results and guiding fiscal 2015 higher than analyst estimates... Mobileiron (MOBL), up 16.5%... LivePerson (LPSN), up 10.6%... Equinix (EQIX), up 1.1%... Whiting Petroleum (WLL), up 1.2%. DOWN AFTER EARNINGS: Glu Mobile (GLUU), down 9.9% after reporting second quarter results and that it will acquire Cie Games for $100M in cash and stock... ServiceNow (NOW), down 5.8%... Akamai (AKAM), down 5.3%... Westell Technologies (WSTL), down 7.5%... Solazyme (SZYM), down 4%... Whole Foods (WFM), down 3.4% after reporting third quarter results and guidance for the fourth quarter and fiscal 2014... Kraft Foods (KRFT), down 1.6%... Lam Research (LRCX), down 1.6%... Yelp (YELP), reverses in after-hours trading and shares are down marginally after reporting a decline in newly added businesses. ALSO LOWER: Penn Virginia (PVA), down 2.1% after announcing that it has sold Eagle Ford Shale acreage rights for $150M... Yum! Brands (YUM), down 5.6% after saying that OSI had a "significant, negative impact" to its sales in China.
16:25 EDTLRCXLam Research sees Q1 adjusted EPS 92c, plus or minus 7c, consensus $1.00
Sees Q1 revenue $1.15B, plus or minus $50M, consensus $1.15B.
16:22 EDTLRCXLam Research reports Q4 adjusted EPS $1.25, consensus $1.23
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15:31 EDTLRCXNotable companies reporting after market close
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July 25, 2014
13:13 EDTLRCXEinhorn bought Lam Research shares, sold Rite Aid last quarter
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12:12 EDTLRCXEinhorn takes stake in Lam Research, Bloomberg reports
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12:02 EDTLRCXRumor: Lam Research moves off lows on speculation of an investor stake
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