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News Breaks | | | | September 24, 2012 | | 06:04 EDT |  | RBCN | Rubicon upgraded to Neutral from Sell at Goldman
Goldman upgraded Rubicon citing reset expectations and checks that indicate LED sapphire pricing is firm. Price target raised to $9 from $7.50. | |
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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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