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Stock Market & Financial Investment News

News Breaks
March 27, 2014
07:31 EDTSTSensata recent multiple expansion sustainable, says Oppenheimer
Oppenheimer believes that Sensata's recent multiple expansion reflects the re-emergence of steady growth by the company, and it thinks the expansion is sustainable with potential runway The firm expects the company to benefit from steady content growth trends through 2016, and it raised its price target on the shares to $52 from $48 while keeping an Outperform rating on the stock.
News For ST From The Last 14 Days
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September 16, 2014
05:41 EDTSTSTMicroelectronics to sell certain products to MegaChips
MegaChips Technology America announced that following the signature of an agreement with STMicroelectronics (STM, ST) and final closing on September 2, it has acquired 9 smart connectivity products based on DisplayPort technology that ST decided to discontinue last year, along with its related assets, business and products in development. During the transition, ST and MegaChips ensured continuity of products and services to customers. A number of employees engaged in product development and marketing in relation to the acquired business from ST, joined MegaChips America. This group included Mr. Alan Kobayashi, currently the chair of VESA, who joined MegaChips America as a Fellow and Product Development Manager.

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