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Stock Market & Financial Investment News

News Breaks
May 28, 2014
05:44 EDTSTMSTMicroelectronics, Changan Automobile form partnership
STMicroelectronics together with Changan Automobile announced a strategic partnership with the setup of the Changan - ST Automotive Electronic Joint Laboratory at the premises of Changan Automotive Engineering, Global Research Institute. The partnership aims to extend the cooperation of the two companies in automotive electronics, focusing on research and development in body, infotainment, powertrain, and safety applications to meet the demand of the local automotive electronics market. ST will also provide Changan Automobile with state-of-the-art automotive semiconductor solutions and products, together with technical support and employee training.
News For STM From The Last 14 Days
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January 28, 2015
09:15 EDTSTMOn The Fly: Pre-market Movers
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05:28 EDTSTMSTMicroelectronics sees Q1 revenues down sequentially by about 5% at mid-point
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05:26 EDTSTMSTMicroelectronics reports Q4 EPS 5c, consensus 1c
Reports Q4 revenue $1.83B, consensus $1.82B.
January 27, 2015
10:00 EDTSTMOn the Fly: Analyst Upgrade Summary
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08:23 EDTSTMSTMicroelectronics upgraded to Buy from Neutral at BofA/Merrill
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January 21, 2015
07:39 EDTSTMSTMicroelectronics upgraded to Buy from Neutral at Citigroup (yesterday)
Citigroup yesterday upgraded STMicroelectronics to Buy citing a favorable risk/reward in the near-term relative to expectations.

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