New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:25 EDTLRCXLam Research unveils 3D NAND, atomic-scale processing products
Lam Research last night unveiled its latest thin film deposition and plasma etch products for 3D NAND fabrication. Lam's new systems address needs for three of the most critical steps in forming 3D NAND memory cells, namely stack deposition, vertical channel etching, and tungsten wordline deposition, the company said. Lam also announced the addition of atomic layer etch to its portfolio of atomic layer deposition products and released two new products that "deliver the stringent process control and productivity needed for advanced patterning."
News For LRCX From The Last 14 Days
Check below for free stories on LRCX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 15, 2014
11:42 EDTLRCXApplied Materials rises following strong profit, gross margin, order growth
Shares of semiconductor equipment maker Applied Materials (AMAT) are advancing after posting strong third quarter profit, adjusted gross margin, and order growth. WHAT'S NEW: Last night, Applied Materials reported Q3 adjusted earnings per share of 28c and revenue of $2.27B, compared to analysts’ consensus estimates of 27c and $2.29B, respectively. Q3 adjusted gross margin came in at 45.5%, up 260 basis points year-over-year, and up 130 basis points sequentially. Q3 orders of $2.48B, increased 24% year-over-year led by SSG year-over-year order growth of $362M. President and CEO Gary Dickerson said, “We have focused our strategy and investments in areas that have the largest impact for customers while driving improvements in execution and speed across the company. With these actions, we have improved our operating margins for seven quarters in a row and are making substantial progress towards our long-term financial model." WHAT’S NOTABLE: For the fourth quarter, Applied Materials expects adjusted EPS of 25c-29c, versus consensus of 26c. Q4 revenue is expected to be approximately flat, plus or minus 3% sequentially, and up by approximately 10%-17% from the year-ago period, compared to consensus of $2.28B. PRICE ACTION: In late morning trading, Applied Materials rose $1.04, or about 5%, to $22.19 on heavy trading volume. Including today’s advance, the stock has gained approximately 45% over the past twelve months. OTHERS TO WATCH: Other companies in the semiconductor equipment space include Lam Research (LRCX), Kulicke and Soffa (KLIC), and KLA-Tencor (KLAC).
August 14, 2014
17:00 EDTLRCXGreenlight Capital gives quarterly update on stakes
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use