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Stock Market & Financial Investment News

News Breaks
January 30, 2013
07:35 EDTMTSIM/A-COM price target raised to $21 from $17 at Jefferies
Jefferies says it remains a buyer of M/A-COM shares following the company's December quarter results given its new product pipeline of higher-margin products. The firm raised its price target for shares to $21 and keeps a Buy rating on the name.
News For MTSI From The Last 14 Days
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July 28, 2015
16:27 EDTMTSIM/A-COM sees Q4 EPS 43c-46c, consensus 44c
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16:26 EDTMTSIM/A-COM reports Q3 EPS 42c, consensus 40c
Reports Q3 revenue $130.7M, consensus $128.24M.
July 17, 2015
07:58 EDTMTSIAutoliv agrees to acquire automotive solutions business of M/A-COM Technology
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July 16, 2015
17:40 EDTMTSIM/A-COM to divest automotive business to Autolive ASP for $100M
M/A-COM Technology has entered into a definitive agreement to sell its Automotive business to Autoliv ASP. The Automotive business represented approximately 18% of MACOMís consolidated revenue in Q2. The agreed consideration to MACOM for the Automotive business is to be $100M in cash, subject to customary working capital and other adjustments, plus the opportunity to receive up to an additional $30M in cash based on achievement of revenue-based earn-out targets through 2019.

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