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Stock Market & Financial Investment News

News Breaks
April 30, 2014
07:25 EDTTQNT, RFMDRF Micro Devices merger will lead to earnings power, says Brean Capital
Brean Capital raised its price target on RF Micro Devices (RFMD) following its Q1 earnings beat. The firm cited raised company guidance, continued gross margins expansion, synergies with its merger with TriQuint (TQNT), and a healthier industry backdrop. Shares are Buy rated and price target raised to $12 from $10.
News For RFMD;TQNT From The Last 14 Days
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November 25, 2014
07:56 EDTTQNT, RFMDRF Micro Devices price target raised to $20 from $15 at Pacific Crest
Pacific Crest increased its price target on RF Micro Devices (RFMD) after the company announced that it had received all necessary regulatory approvals to merge with TriQuint (TQNT) and is prepared to do so on December 31. Consequently, the firm had been concerned that China would delay the merger or impose conditions on it. Pacific Crest expects the combined company to achieve $150M in annualized cost savings sooner than it had previously expected. It keeps an Outperform rating on RF Micro.
November 24, 2014
13:43 EDTRFMDRF Micro Devices price target raised to $20 from $15 at Pacific Crest
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08:03 EDTRFMD, TQNTRF Micro Devices and TriQuint announces closing date for merger
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November 17, 2014
09:16 EDTRFMD, TQNTRF Micro Devices and TriQuint recommended at Craig-Hallum
Craig-Hallum recommends RF Micro Devices (RFMD) and TriQuint (TQNT) and believes the combined company will imply EPS in the $1.40 range. The analyst said the RF Semi space has some of the best growth in tech and reiterates its Buy ratings for both companies.
08:48 EDTRFMDSkyworks, Avago, and RF Micro Devices recommended at BofA/Merrill
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November 14, 2014
08:48 EDTTQNT, RFMDRF Micro should be bought on any merger related weakness, says Pacific Crest
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