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Stock Market & Financial Investment News

News Breaks
February 26, 2013
05:25 EDTSWKSSkyworks ramps up antenna tuning solutions with leading smartphone manufacturers
Skyworks Solutions is ramping several antenna tuning products with leading smartphone manufacturers. Skyworks' devices are meeting the market demand for tunable antennas which dramatically improve performance by increasing data throughput, reducing dropped calls and minimizing the antenna footprint needed for today's multiband LTE smartphones.
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June 12, 2013
12:12 EDTSWKSSynaptics slides after firm warns of Galaxy S4 production cut
Shares of Synaptics (SYNA), which develops touch products for smartphones, are declining after research firm Maxim Group wrote that the company would be hurt by Samsung's (SSNLF) decision to produce many fewer Galaxy S4 devices. WHAT'S NEW: Samsung has started reducing its shipments of Galaxy S 4 smartphones in response to weak sales of the device, Maxim Group wrote in a note to investors. The Korean company is likely to reduce production of the device by 20%-25%, the firm added. Synaptics has the most exposure to the Galaxy S4 of all the companies that Maxim covers, the analyst wrote. TODAY'S PRICE ACTION: In early afternoon trading, Synaptics fell $1, or 2.6%, to $37.75. OTHERS TO WATCH: Other companies with exposure to Samsung devices include Broadcom (BRCM), Maxim Integrated (MXIM), Audience (ADNC), Peregrine (PSMI), RF Micro Devices (RFMD), Skyworks (SWKS), ARM Holdings (ARMH), Qualcomm (QCOM), and TriQuint (TQNT).
08:06 EDTSWKSSkyworks to partner with SMC on wireless solutions for connected home
Skyworks Solutions announced that it is partnering with SMC Networks to develop wireless connectivity solutions for security, monitoring and automation applications in the emerging connected home market.
June 11, 2013
09:13 EDTSWKSSome component makers to be hurt by lower Galaxy S 4 outlook, says Pacific Crest
After speaking with Samsung (SSNLF) and conducting checks, Pacific Crest believes that expectations for Galaxy S 4 sales in Q3 are too high. As a result, the firm reduced its price target on Broadcom (BRCM) to $41 from $44, and on Maxim Integrated (MXIM) to $34 from $37. The firm also lowered its estimates for Audience (ADNC), Peregrine (PSMI), RF Micro Devices (RFMD), and Skyworks (SWKS). The firm keeps Outperform ratings on Broadcom, Maxim, and Peregrine, and Sector Perform ratings on Skyworks, Audience, and RF Micro.
June 6, 2013
13:59 EDTSWKSSkyworks weakness a buying opportunity, says DA Davidson
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June 5, 2013
08:10 EDTSWKSSkyworks secures automotive design wins supporting telematics ad infotainment
Skyworks has secured multiple RF and analog design wins with worldwide automotive supplier Novero. Skyworks’ devices are enabling Novero’s on-board communication systems being deployed by several car manufacturers including a large, tier-one German company. Skyworks’ SOI switching technology is already being utilized by global car manufacturers for low noise and broadband handoffs between audio, Blu-ray/DVD, navigation, cell phone and vehicle security display inputs.

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