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Stock Market & Financial Investment News

News Breaks
January 8, 2013
12:38 EDTRMBSElite Group to promote and sell Rambus LED bulb portfolio
Last night Rambus announced the a business alliance with the Elite Group, a leading designer and distributor of home goods, lighting, and other consumable products. The Elite Group will promote and sell the Rambus LED bulb portfolio to retail and professional markets within North America, including the broad range of major retail customers already working with Elite. The first Rambus LED bulbs will be available at major retailers and professional channels as soon as Q2 2013. An extended portfolio of A19 and PAR bulbs with a roadmap of technology enhancements that enable increased functionality is under way.
News For RMBS From The Last 14 Days
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June 17, 2013
19:02 EDTRMBSOn The Fly: After Hours Movers
HIGHER: Korn/Ferry (KFY), up 2.7% after reporting better than expected fourth quarter earnings... Rambus (RMBS), up 3.2% after the company narrowed its second quarter revenue view. LOWER: GenMark (GNMK), down 4.7% after lower its full-year revenue view to $30M from $35M... Also lower following the announcement of stock offerings were Ship Finance (SFL), down 5.1%, New Mountain Finance (NMFC), down 3.3%, and Exact Sciences (EXAS), down 3.1%.
16:59 EDTRMBSSTMicroelectronics signs comprehensive agreement with Rambus
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16:34 EDTRMBSRambus narrows Q2 revenue view to $56M-$58M from $53M-$58M
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16:32 EDTRMBSRambus, STMicroelectronics sign agreement
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June 12, 2013
10:00 EDTRMBSRambus breaks above 10-day moving average, levels to watch
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09:07 EDTRMBSOn The Fly: Pre-market Movers
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June 11, 2013
18:50 EDTRMBSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Ulta Salon (ULTA), up 9.5%. ALSO HIGHER: Rambus (RMBS), up 8.2% after announcing a patent license agreement that will pay the company $12M per quarter for the next five years. LOWER: Celsion (CLSN), down 22.6% after a Seeking Alpha contributor said the company's Phase III ThermoDox trial was a "total disaster" and that the stock could have 50% downside... Yum! Brands (YUM), down 1.7% after saying it sees Q2 China division same-store sales down 20%... First Solar (FSLR), down 7.1% after filing to sell 8.5M shares of common stock... Icahn Enterprises (IEP), down 5.1% after announcing an offering of depositary units representing limited partner interests.
16:06 EDTRMBSRambus, SK Hynix sign patent license agreement
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June 7, 2013
10:11 EDTRMBSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray.
09:35 EDTRMBSRambus management to meet with Lazard Capital
Meeting to be held in Dallas on June 14 hosted by Lazard Capital.
07:53 EDTRMBSRambus initiated with a Buy at Topeka
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