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Stock Market & Financial Investment News

News Breaks
July 24, 2014
14:52 EDTMXIMMaxim Integrated technical remarks ahead of results
The stock has traded essentially flat on a returns basis for the prior three months, with the bulk of the trading range at $33 at the low to $35.50 at the high. The $35.76 level is the 52-week high, and on good news would likely be taken out on the upside. Resistance levels to watch as potential upside objectives on a breakout would be at $37.15, and then at $39.01. If the news fails to meet expectations, a break below the low of the three month range at the $31.50 area would break the recent uptrend recovery from the lows of the year, hit back in January. Support below $31.50 would be at $30.34, $28.87, and $27.74.
News For MXIM From The Last 14 Days
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May 18, 2015
11:10 EDTMXIMMaxim Integrated says order trends in industrial continue to improve
The company says industrial pick-up more U.S. and Europe based than Asian based.
11:04 EDTMXIMMaxim Integrated says will continue to see consolidation in the industry
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11:00 EDTMXIMMaxim Integrated says goal for automotive gross margins is low 60s
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May 15, 2015
12:04 EDTMXIMThird Point reports new stakes in Maxim Integrated, NXP Semiconductors
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10:34 EDTMXIMOptions with increasing implied volatility
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May 14, 2015
15:44 EDTMXIMMaxim Integrated calls active on report Avago interested in potential takeover
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15:37 EDTMXIMAvago could spend $10B on takeover, eyeing Xilinx, Maxim, Reuters says
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15:31 EDTMXIMXilinx jumps 5% after Reuters says Avago interested in potential takeover
Maxim Integrated (MXIM) rose 5% as well after it was also reported by Reuters to be a potential target for Avago (AVGO).
15:29 EDTMXIMAvago interested in potential deal for Xilinx, Maxim Integrated, Reuters says
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