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Stock Market & Financial Investment News

News Breaks
July 29, 2014
08:32 EDTSYNASynaptics should be bought on any weakness, says Pacific Crest
Pacific Crest believes that Synaptics has multiple longer term growth drivers including touch, fingerprint sensors, and display driver integration. The firm keeps an Outperform rating on the stock.
News For SYNA From The Last 14 Days
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July 31, 2015
15:01 EDTSYNASynaptics management to meet with Craig-Hallum
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09:25 EDTSYNAOn The Fly: Pre-market Movers
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July 30, 2015
16:54 EDTSYNASynaptics down 9.2% after reporting Q4 results
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16:53 EDTSYNASynaptics increases share repurchase authorization to $198M
During FY15, Synaptics repurchased approximately 5% of its outstanding shares, similar to levels repurchased during each of the past several years. The company also announced that in July, its board increased and extended the authorization for stock repurchases by $120M, for a total current authorization of $198M available through July 2017.
16:52 EDTSYNASynaptics reports Q4 EPS $1.57, consensus $1.66
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15:04 EDTSYNANotable companies reporting after market close
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July 27, 2015
08:04 EDTSYNASynaptics ClearPad solution selected by Huawei
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July 23, 2015
09:45 EDTSYNAJPMorgan sees risk of Synaptics losing Apple business
Apple (AAPL) is working on bringing its touch and display driver integration functionality in-house to better protect its operating system, JPMorgan analyst Paul Coster tells investors today in a research note. The move increases the likelihood of the iPhone maker terminating its use of Synaptics' display diver solution in mid-2017, Coster writes. To reflect the risk of losing the business, the analyst cut his price target for Synaptics to $97 from $112. The supplier of human interface solutions is trading up 49c to $80.34 in early trading. Coster keeps an Overweight rating on Synaptics, however, saying the stock is already pricing in the risk of losing the Apple business after selling off 20% since mid June.

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