New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 13, 2014
05:42 EDTPSMI, AAPLPeregrine downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Peregrine (PSMI) citing concerns over the company's position at Apple (AAPL). Deutsche believes Peregrine could be at risk of losing its other socket after losing the main antenna switch in the iPhone 5s. The firm lowered its price target for shares to $8 from $10.
News For PSMI;AAPL From The Last 14 Days
Check below for free stories on PSMI;AAPL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
August 22, 2014
11:17 EDTAAPLOptions Update; August 22, 2014
Subscribe for More Information
11:17 EDTPSMIPeregrine unlikely to receive competing bid, says Oppenheimer
Oppenheimer believes Peregrine (PSMI) is unlikely to receive a competing takeover bid to Murata's since Murata is Peregrine's largest customer and Avago (AVGO) and Skyworks (SWKS) are looking to diversify away from mobile. Opco thinks Murata may look to divest Peregrine's non-mobile business, and views Skyworks, RF Micro Devices (RFMD), Analog Devices (ADI), and M/A-Com Technology (MTSI) as logical buyers for the business.
09:36 EDTAAPLActive equity options trading on open
Subscribe for More Information
08:11 EDTPSMIMurata acquires Peregrine for $12.50 per share in cash
Murata Electronics North America, a wholly owned subsidiary of Murata Manufacturing and Peregrine Semiconductor announced that they have entered into a definitive agreement under which Murata will acquire all outstanding shares of Peregrine not owned by Murata, for $12.50 per share in cash, or a total transaction value of $471M, or $465M excluding Murata’s existing holding. Upon closing of the transaction, Peregrine will become part of Murata’s strategy to expand its core business. Peregrine will become a wholly owned subsidiary of Murata and continue with its current business model of solving the world’s toughest RF challenges. The acquisition will deliver to Murata advanced RF Front-end capabilities and the world’s best Silicon on Insulator process technology, key areas for the growing integration of mobile technologies. Peregrine supplies many wireless markets, including: smartphones, test & measurement, automotive, public safety radio and wireless Infrastructure. Peregrine will also provide Murata with a strong portfolio of Intellectual Property Rights covering the entire RF SOI front-end. The transaction, which has been approved by both companies’ boards of directors, is expected to close by the end of 2014 or early 2015, subject to Peregrine’s stockholders’ approval, regulatory approvals, and other customary closing conditions.
08:09 EDTPSMIMurata to acquire Peregrine for $12.50 per share in cash
Subscribe for More Information
07:57 EDTPSMIPeregrine trading halted, pending news
Subscribe for More Information
06:32 EDTAAPLApple suppliers scramble after iPhone 6 screen hurdle, Reuters says
Subscribe for More Information
06:14 EDTAAPLSamsung resumes supply of mobile RAM for next-generation iPhone, DigiTimes says
Subscribe for More Information
August 21, 2014
13:23 EDTAAPLWal-Mart cut iPhone prices, Washington Post says
Wal-Mart (WMT) today began selling Apple's (AAPL) iPhone 5s for $79, and cut the price of the iPhone 5c to just 97c, according to The Washington Post. The devices previously cost $99 and $29 respectively at Wal-Mart, the newspaper stated. Reference Link
11:44 EDTAAPLHP hits 52-week high after solid revenue growth, positive analyst commentary
Subscribe for More Information
10:34 EDTAAPLOptions Update; August 21, 2014
Subscribe for More Information
10:03 EDTAAPLActive puts at CBOE
Subscribe for More Information
10:02 EDTAAPLActive calls at CBOE; AAPL C HPQ
Active calls at CBOE; AAPL 8/22/14 100 & 100, C Jan 55, HPQ 8/29/14 36
09:37 EDTAAPLActive equity options trading on open
Subscribe for More Information
August 20, 2014
16:01 EDTAAPLOptions Update; August 20, 2014
Subscribe for More Information
13:46 EDTAAPLVerizon looking to build app store, The Information says
Verizon (VZ) is looking to partner with other companies to build an app store, according to The Information. Verizon's app store would compete with Google (GOOG) and Apple (AAPL), which already sell smartphone software, The Information noted. Reference Link
11:15 EDTAAPLGT Advanced retreats after analyst downgrades stock
Shares of sapphire maker GT Advanced (GTAT) are falling after research firm CLSA downgraded the stock in a note to investors today. The firm cited concerns about increased costs associated with the company's deal with Apple as the main reason for the downgrade. WHAT'S NEW: GT Advanced's costs associated with its deal to supply sapphire to Apple are being impacted by low yields, CLSA analyst Mark Heller wrote after speaking with strategic consulting firm Yole Développement. Lower yields will reduce the amount of sapphire that GT Advanced can produce for Apple, and will negatively affect GT’s profit margins, explained Heller. He believes that GT Advanced's risk/reward ratio is balanced at current levels, and downgraded his rating on the shares to Underperform from Outperform. However, he raised his price target on the shares to $19 from $18. PRICE ACTION: In late morning trading, GT Advanced fell 2% to $18.
09:38 EDTAAPL, AAPLGT Advanced downgraded to Underperform from Outperform at CLSA
Subscribe for More Information
09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FOLD TSLA TWTR WHX FB TM NFLX X EOG
06:28 EDTAAPLApple could delay iWatch until 2015, FT Alphaville reports
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

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