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Stock Market & Financial Investment News

News Breaks
January 24, 2013
16:10 EDTMXIMMaxim Integrated sees Q3 EPS 39c-43c, consensus 40c
News For MXIM From The Last 14 Days
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June 19, 2015
15:12 EDTMXIMTexas Instruments speculated as next chip dealmaker, Reuters reports
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June 18, 2015
07:59 EDTMXIMMaxim estimates lowered on weaker Galaxy S6 demand at Citi
Citi lowered its estimates for Maxim Integrated to reflect what it believes to be slowing demand for Samsung's Galaxy S6 smartphone. Maxim derives around 8% of its 2015 revenue from the Galaxy S6, the firm points out. The estimate cuts come after Citi's Samsung analyst lowered his 2015 Galaxy S6 shipment estimate by 14% due to weaker demand in Q2. The firm points out its checks also indicate Maxim could lose content in the next generation Samsung Galaxy S7 smartphone in 2016. It keeps a Neutral rating on the stock with a $35 price target.

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