New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 17, 2013
11:46 EDTAIXG, QCOM, KLAC, INTC, TSM, ASMLSemiconductor makers rally after earnings from TSMC, ASML
Taiwan Semi, also known as TSMC, reported Q4 earnings of 28c per ADR unit, matching consensus estimates, on revenue of NT$131.31B. Lora Ho, SVP and CFO of TSMC, said, “In the fourth quarter, demand for our products was higher than we expected three months ago, resulting in above-guidance revenue and profit margins. We now expect the supply chain inventory DOI to decline only slightly in the first quarter, and our revenue will also decline only slightly in the first quarter from the previous quarter." TSMC guided to Q1 revenue between NT$127B-NT$129B and an operating profit margin of 31.5%-33.5%. ASML also reported before today's opening bell, announcing Q4 adjusted EPS of EUR0.73, which was up from EUR0.67 in the prior quarter. ASML's Q4 revenue declined to EUR1.02B from EUR1.21B in the same quarter of last year. ASML also forecast its Q1 revenue to decline, but added it sees "a slow Q1 start, recovering in Q2 and a relatively large second half" in 2013. Also, shares of ASML were upgraded by research firm Bank of America Merrill Lynch this morning to Buy from Neutral. In late morning trading, shares of ASML rose about 7.6% to $68.70, while TSMC advanced over 2% to $18.18. Some other names rising in the semiconductors space included KLA-Tencor (KLAC), up 6.6% to $51.72, and Aixtron (AIXG), up 6% to $13.74. Shares of the largest players in the industry were higher as well, with Intel (INTC) up over 1% ahead of its earnings report, due out after the bell tonight, and Qualcomm (QCOM) up about 0.5% to $65.10.
News For TSM;ASML;KLAC;AIXG;INTC;QCOM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
May 19, 2015
08:33 EDTINTCMorgan Stanley cautious in near-term on PC names
Morgan Stanley is more cautious on PC names near-term, given PC and HDD inventory builds quarter-to-date and weaker April ODM sales. The firm's analyst team continues to believe Q1 was a bottom in year-over-year growth, but now expects normal Q2 seasonal growth instead of above normal and thinks any recovery will likely be delayed until Q3. Morgan Stanley is cautiously optimistic on Western Digital (WDC) due to its diverse revenue drivers, sees value creation catalysts for Hewlett-Packard (HPQ) and believes Microsoft (MSFT) shares reflect the challenging PC market and Win 10. The firm is more cautious on semis such as NVIDIA (NVDA) given higher valuations, share loss at Advanced Micro (AMD), potential 2H margin pressure at Intel (INTC), and Morgan is cautious on PC DRAM stocks near-term due to weaker pricing.
06:10 EDTINTCCiti sees over 50% chance of Intel buying Altera
Subscribe for More Information
May 18, 2015
12:51 EDTINTCOn The Fly: Top stock stories at midday
Subscribe for More Information
10:40 EDTINTCIntel, Altera held principal to principal talks late last week, Faber says
Subscribe for More Information
09:11 EDTINTCIntel, Altera held 'principal to principal' talks last week, CNBC reports
Subscribe for More Information
07:06 EDTINTCAltera back in talks with Intel about potential takeover, NY Post says
Subscribe for More Information
May 15, 2015
17:33 EDTQCOMPoint72 Asset Management gives quarterly update on stakes
Subscribe for More Information
11:57 EDTKLACApplied Materials jumps after reporting highest revenue in three years
Subscribe for More Information
10:55 EDTQCOMJANA Partners gives quarterly update on stakes
Subscribe for More Information
06:13 EDTINTCISS, Glass Lewis advise Intel investors to vote 'no' on eBay CEO, WSJ reports
ISS and Glass, Lewis & Co, two influential proxy advisory firms, are recommended Intel (INTC) investors vote against the reelection of eBay (EBAY) CEO John Donahoe to the company's board, The Wall Street Journal reports. Citing what it characterized as a poor attendance record, Glass Lewis commented "We view this as a failure by this director to fulfill a fundamental responsibility to represent shareholders at such meetings," while ISS said Donahoe "lacked a valid excuse" for attending less than 75% of the meetings held by the Intel board and committees he serves on in 2014. Intel's annual shareholders meeting is scheduled for May 21. Reference Link
May 14, 2015
11:05 EDTQCOMQualcomm expands industry collaboration to grow Internet of Everything
Subscribe for More Information
May 13, 2015
07:34 EDTQCOMEdX and Qualcomm collaborate to build next-generation mobile learning experience
EdX and Qualcomm Education, a subsidiary of Qualcomm, announced a collaboration to further develop edX's MOOC mobile capabilities and enhance its open source platform to benefit connected learners around the world. As part of the collaboration, Qualcomm Education will contribute engineering resources and will license elements of its SDK code, which edX will distribute to the Open edX community.
07:32 EDTINTCCLSA to hold a conference
Subscribe for More Information
05:55 EDTTSMTSMC awarded orders for SSD controller chips for Apple, DigiTimes reports
TSMC (TSM) has landed SSD controller chip orders from Apple, reports DigiTimes. According to industry sources, TSMC will utilize a 28nm process to fabricate controller cihps for Apple. Reference Link
May 12, 2015
12:04 EDTINTCIntel, eASIC collaborate on customized Intel-based solutions for the Cloud
Intel Corporation announced plans to develop integrated products with eASIC Corporation that combine processing performance and customizable hardware to meet the increasing demand for custom compute solutions for data centers and the “cloud.” The new parts will enable acceleration of up to two times that of a field programmable gate array for workloads like security and big data analytics while also speeding the time to market for custom application specific integrated circuit development by as much as 50 percent.
07:51 EDTINTCDeutsche Bank to hold a conference
Subscribe for More Information
May 11, 2015
09:37 EDTQCOMActive equity options trading on open
Subscribe for More Information
07:26 EDTQCOMQualcomm rivals questioned by EU antitrust regulators, Reuters reports
Antitrust regulators in the EU are asking Qualcomm's (QCOM) rivals about the company's business practices, Reuters reports, citing a document. Europe has been investigating Qualcomm for the last seven months over the way it licenses its products and its power over patents. Another EU inquiry, which began in 2010, was triggered by a complained from Nvidia's (NVDA) Icera unit over rebates and incentives. Reference Link
06:32 EDTINTCIntel management to meet with FBR Capital
Meetings to be held in Boston/New York May 11-14 hosted by FBR Capital.
May 8, 2015
13:32 EDTQCOMParkerVision weakness attributed to patent appeal proceedings
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use