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Stock Market & Financial Investment News

News Breaks
February 19, 2014
11:58 EDTLRCX, AMAT, ISRG, UCTTUltra Clean Holdings hits 52-week high after results, guidance top expectations
Shares of Ultra Clean Holdings (UCTT), which develops and supplies subsytems to the semiconductor capital equipment industry, are advancing after the company's fourth quarter results and first quarter guidance surpassed expectations. WHAT'S NEW: Last night, Ultra Clean reported Q4 adjusted earnings per share of 26c and revenue of $126.3M, topping expectations of 23c and $125.68M, respectively. The company forecast Q1 adjusted EPS of 28c-31c and revenue of $135M-$140M, compared to expectations of 21c and $122.4M, respectively. ANALYST REACTION: This morning, research firm Stifel raised its price target on Ultra Clean to $15 from $13 after the company reported Q4 results that the firm viewed as strong. The firm expects the company's earnings growth to accelerate going forward and it kept a Buy rating on the shares. Another firm, Northland Securities, raised its price target to $17 from $9 following the company's strong Q4 report. Northland kept an Outperform rating on the shares. PRICE ACTION: In late morning trading, Ultra Clean Holdings rose $1.49, or 12.5%, to $13.43 on nearly twelve times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week high of $13.88. Including today's move, the stock has gained about 114% over the past twelve months. OTHERS TO WATCH: In its last annual 10K filing to the SEC last year, Ultra Clean said its three largest customers in fiscal year 2012 were Applied Materials (AMAT), Lam Research (LRCX) and Intuitive Surgical (ISRG).
News For UCTT;AMAT;LRCX;ISRG From The Last 14 Days
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March 4, 2015
13:37 EDTAMATOptions with increasing volume
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March 3, 2015
11:36 EDTAMATStocks with call strike movement; TSLA AMAT
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08:25 EDTISRGIntuitive Surgical defense award an incremental positive, says Leerink
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March 2, 2015
18:52 EDTISRGOn The Fly: After Hours Movers
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17:19 EDTISRGIntuitive Surgical awarded $430M government contract
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February 26, 2015
10:40 EDTAMATApplied Materials merger close date extended to June 30
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09:35 EDTAMATActive equity options trading on open
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February 24, 2015
09:35 EDTAMATActive equity options trading on open
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05:57 EDTAMATStocks with implied volatility movement; AMAT M
Stocks with implied volatility movement; Applied Materials (AMAT) 43, Macy's (M) 28 according to iVolatility.
February 23, 2015
16:00 EDTAMATOptions Update; February 23, 2015
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10:45 EDTAMATOptions with increasing implied volatility
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February 20, 2015
16:24 EDTUCTTUltra Clean files to sell 1.44M shares of common stock for holders
04:19 EDTAMATStocks with implied volatility movement; AMAT ANF
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February 19, 2015
16:01 EDTAMATOptions Update; February 19, 2015
iPath S&P 500 VIX Short-Term Futures down 70c to 30.11. Option volume leaders: AAPL TSLA TWTR AMAT PBR KO FB AXP NFLX according to Track Data.
11:50 EDTAMATApplied Materials edges closer to its 52-week high
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11:43 EDTAMATApplied Materials calls active on wide price movement
Applied Materials February weekly 24 and March 26 calls are active on total call volume of 69K contracts (3K puts). February weekly option implied volatility is at 46, March is at 40, July is at 32; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement.

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