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Stock Market & Financial Investment News

News Breaks
February 6, 2013
14:17 EDTPMCSFisher Investments reports 5.8% passive stake in PMC-Sierra
News For PMCS From The Last 14 Days
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July 28, 2015
17:19 EDTPMCSRelational lowers stake in PMC-Sierra to 4.9% from 8.75%
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July 23, 2015
19:06 EDTPMCSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Amazon (AMZN), up 17.2%... Marketo (MKTO), up 15.4%... Juniper Networks (JNPR), up 9.9%... NetGear (NTGR), up 9.2%... Qlik Technologies (QLIK), up 9.1%... LogMeIn (LOGM), up 9.9%... Pandora (P), up 10.3%... Mitek Systems (MITK), up 7.8%... Proofpoint (PFPT), up 5.1%... Supreme Industries (STS), up 4.7%... Skyworks (SWKS), up 3.6%... IGI Laboratories (IG), up 3.7%... Maxim Integrated Products (MXIM), up 4.1%... Boyd Gaming (BYD), up 4.1%... Trinity Industries (TRN), up 5%... Trinity Industries (N), up 3.2%... Starbucks (SBUX), up 4.5%. ALSO HIGHER: Qorvo (QRVO), up 2.7% after Skyworks reported quarterly results. DOWN AFTER EARNINGS: TrueCar (TRUE), down 33.1% after reporting quarterly results and cutting fiscal 2015 revenue guidance... Tripadvisor (TRIP), down 9.2%... Align Technology (ALGN), down 7.4%... Capital One (COF), down 4.9%... PMC-Sierra (PMCS), down 9.1%... athenahealth (ATHN), down 2.1%. ALSO LOWER: Sunesis Pharmaceuticals (SNSS), down 59.7% after giving vosaroxin regulatory update... Avalanche Biotechnologies (AAVL), down 5.6% after CEO Thomas Chalberg, Jr., Ph.D. resigns and Hans Hull name interim CEO.
16:27 EDTPMCSPMC-Sierra to eliminate 200 employees, cut costs by 14%
PMC-Sierra said it initiated steps to reduce spending across the organization by approximately 14%. This reorganization involves a reduction in force of approximately 200 employees worldwide and other reductions that are together expected to result in approximately $40M per year in savings. The full savings resulting from these workforce reductions will not be realized until the Q4 of the current year, although some impact from these measures will be noticeable in the company’s Q3 results.
16:26 EDTPMCSPMC-Sierra reports Q2 EPS 9c, consensus 11c
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July 16, 2015
10:04 EDTPMCSHigh option volume stocks
High option volume stocks: TWX PMCS SHW ASML GRMN GSAT ROVI ALLY LC HZNP

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