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Stock Market & Financial Investment News

News Breaks
February 10, 2014
07:49 EDTSUPX, MCHPSupertex to resume trading at 8:00 am ET
Quotation to resume at 7:55 am ET, according to Nasdaq. Note that Microchip Technology (MCHP)has signed a definitive agreement to acquire Supertex (SUPX) for $33 per share in cash. Supertex closed trading Friday at $24.38.
News For SUPX;MCHP From The Last 14 Days
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May 22, 2015
08:56 EDTMCHPJefferies to hold a field trip
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May 15, 2015
08:13 EDTMCHPJefferies ups view on Semis to Positive from Negative
Jefferies upped its view on the Semiconductors space to Positive from Negative after hosting a dozen companies at its annual conference in Miami. The firm notes that most companies noted an "OK" demand environment, which it views as supporting its thesis that the recent inventory correction and lower capex has created a "great opportunity" to add to Semi positions. After meeting with management, Jefferies has increased conviction that NXP Semiconductors (NXPI) will soon sell its HPRF business and return to its stock buyback program before most expect. It has Buy ratings on AMD (AMD), Microchip (MCHP), NXP and Texas Instruments (TXN).

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