New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 18, 2014
16:10 EDTOVTIOmniVision says reviewing and evaluating HCM’s proposal
OmniVision Technologies said in a regulatory filing that it issued a press release on August 14 announcing that the Board of Directors of OmniVision received a preliminary non-binding proposal letter dated August 12 from Hua Capital Management, a Beijing-based investment management company, pursuant to which a group of investors led by HCM proposes to acquire all of the outstanding shares of common stock of the company for $29.00 in cash per share. The investment group led by HCM includes Shanghai Pudong Science and Technology Investment Co, a wholly state-owned limited liability company directly under Pudong New Area government of Shanghai. OmniVision’s Board is reviewing and evaluating HCM’s proposal. OmniVision Technologies said, "No decision has been made with respect to the proposed transaction. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. The company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law. OmniVision has retained J.P. Morgan Securities LLC as its financial advisor, and Wilson Sonsini Goodrich & Rosati, P.C. as its legal counsel."
News For OVTI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 27, 2015
18:52 EDTOVTIOn The Fly: After Hours Movers
Subscribe for More Information
16:23 EDTOVTIOmniVision reports Q1 GAAP gross margin 22.6%
Subscribe for More Information
16:22 EDTOVTIOmniVision sees Q2 adjusted EPS 25c-40c, consensus 45c
Subscribe for More Information
16:21 EDTOVTIOmniVision reports Q1 adjusted EPS 46c, consensus 39c
Subscribe for More Information
14:58 EDTOVTINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Autodesk (ADSK), consensus 17c... ULTA Beauty (ULTA), consensus $1.12... Splunk (SPLK), consensus 2c... GameStop (GME), consensus 25c... Veeva (VEEV), consensus 11c... OmniVision (OVTI), consensus 39c... Aeropostale (ARO), consensus (55c).
August 25, 2015
14:43 EDTOVTIOmniVision volatility elevated into Q1 and outlook
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