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News Breaks | | | | February 28, 2012 | | 06:19 EDT |  | RBCN | Rubicon Technology removed from Analyst Focus List at JPMorgan
JP Morgan said Rubicon's Q1 2012 guidance was weak and expects the LED sapphire and wafer markets to take time to recover. Shares remain Overweight rated with a $20, down from $30. | |
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News For RBCN From The Last 14 Days Check below for free stories on RBCN the last two weeks. |
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| May 9, 2013 | | 09:40 EDT |  | RBCN | Jefferies to host a conference
 Subscribe for More Information | | | May 8, 2013 | | 09:00 EDT |  | RBCN | Rubicon falls 14.9%
Subscribe for More Information | | | May 7, 2013 | | 18:51 EDT |  | RBCN | On The Fly: After Hours Movers
UP AFTER EARNINGS: WebMD (WBMD), up 14%... Electronic Arts (EA), up 8.4%... Whole Foods (WFM), up 8.4%. ALSO HIGHER: Pioneer Southwest (PSE), up 19.3% after receiving a buyout offer from Pioneer Natural (PXD)... Anthera Pharmaceuticals (ANTH), up 5.4% after announcing additional data from a phase 2 trial... Herbalife (HLF), up 1.1% after Carl Icahn increased his stake in the company to 16.48%. DOWN AFTER EARNINGS: Rubicon (RBCN), down 16.2%... Symantec (SYMC), down 5.9%... ValueClick (VCLK), down 15.5%. ALSO LOWER: CA Technologies (CA), down 4.9% after reporting earnings, saying it would take $150M charge in FY14... Cobalt (CIE), down 6.7% after filing to sell 50M shares of common stock for holders... 3D Systems (DDD), down 6.9% after filing $500M mixed securities shelf. | | | 16:40 EDT |  | RBCN | Rubicon sees Q2 EPS (19c)-(23c), consensus (8c)
Sees Q2 revenue $10M-$12M, consensus $10.59M. The company said, "While the LED market is strengthening and sapphire capacity is being absorbed at a more rapid rate, it will take a while longer for pricing to materially improve. In addition, six-inch wafer orders will remain weak in the second quarter as our customers continue to work down remaining inventory. As a result, we expect second quarter demand for large-diameter products to be very light, making for a challenging quarter. We will be selling a considerable amount of two- through four-inch cores in the second quarter, but selling prices remain below our total cost and our utilization rates will remain low in the quarter." | | | 16:39 EDT | | RBCN | Rubicon reports Q1 EPS (15c), consensus (11c)
Subscribe for More Information | | | 16:26 EDT | | RBCN | Rubicon trading halted, pending news
Subscribe for More Information | | | 07:55 EDT |  | RBCN | Rubicon Technology May volatility elevated at 94 into Q1
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