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Stock Market & Financial Investment News

News Breaks
April 3, 2014
16:22 EDTPLABPhototronics announces closing of JV in Taiwan with Dai Nippon Printing
Photronics announced the successful closing of the previously announced joint venture with Dai Nippon Printing. The joint venture, Photronics DNP Mask Corporation ,PDMC, will focus on serving semiconductor manufacturers in Taiwan. The closing followed regulatory approvals received from Taiwan authorities on March 28, 2014. The joint venture was effective at 12:00 a.m., Taiwan time, April 4. The non-cash transaction merged DNP Photomask Technology Taiwan, DPTT, a wholly owned subsidiary of DNP, into Photronics Semiconductor Mask Corporation, PSMC, a wholly owned subsidiary of Photronics. Photronics and DNP own 50.01% and 49.99% of the joint venture, respectively, and the financial statements will be included in the consolidated financial statements of Photronics. Governance of PDMC will be shared by Photronics and DNP through a seven member board of directors with four Photronics members and three DNP members. Dr. Peter Kirlin, Photronics’ President, will be named Chairman of the Board of PDMC, Mr. Hideyuki Tanaka from DNP will be named Vice Chairman and Vice General Manager, and Dr. Frank Lee, PSMC President, was named General Manager.
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May 19, 2015
08:46 EDTPLABPhototronics says 2015 looks 'progressively stronger'
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08:34 EDTPLABPhototronics sees FY15 CapEx $110M
Sees FY15 taxes $9M-$11M. Expects EBITDA to grow in 2015. Expects top- and bottom-line improvement in 2015.
08:33 EDTPLABPhototronics sees Q3 EPS 6c-13c, consensus 12c
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May 18, 2015
16:33 EDTPLABPhototronics reports Q2 EPS 14c, consensus 10c
Reports Q2 revenue $127.3M, consensus $126.95M. Diluted EPS of 14c includes 2c related to the reduction of foreign tax net operating loss valuation allowance.
15:00 EDTPLABNotable companies reporting after market close
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May 12, 2015
07:45 EDTPLABJefferies to hold a conference
2015 Global Technology, Media and Telecom Conference is being held in Miami on May 12-14.
May 11, 2015
16:52 EDTPLABPhototronics sees Q2 EPS 11c-12c vs. previous 4c-9c, consensus 8c
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