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Stock Market & Financial Investment News

News Breaks
February 19, 2014
11:58 EDTAMAT, ISRG, UCTT, LRCXUltra 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 27, 2015
15:14 EDTISRGJohnson & Johnson not likely to buy Intuitive Surgical, says BofA/Merrill
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March 26, 2015
16:01 EDTAMATOptions Update; March 26, 2015
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08:30 EDTLRCXLam Research selloff overdone, says Goldman
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March 25, 2015
10:51 EDTISRGOptions with increasing implied volatility
Options with increasing implied volatility: CLDN CMG CREE AMZN ISRG MAC UA VMW SLXP
09:26 EDTUCTTUltra Clean names Kevin 'Casey' Eichler as president and CFO
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09:25 EDTUCTTUltra Clean appoints Casey Eichler to President CFO effective March 25
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March 24, 2015
16:00 EDTAMATOptions Update; March 24, 2015
iPath S&P 500 VIX Short-Term Futures down 10c to 25.14 Option volume leaders: AAPL TSLA TWTR GILD FB AMAT GOOG C MRK GILD according to Track Data.
10:40 EDTISRGOptions with increasing implied volatility
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10:32 EDTISRGOptions with increasing implied volatility
Options with increasing implied volatility: MAC CMG HLSS PSEC ISRG AMZN CREE
08:12 EDTAMATApplied Materials April volatility elevated
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March 22, 2015
16:42 EDTAMAT, LRCXChip equipment slowdown may not be as bad as first thought, WSJ says
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March 20, 2015
10:00 EDTUCTTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded at Stifel... American Capital Mortgage (MTGE) downgraded to Hold from Buy at Wunderlich... Campus Crest (CCG) downgraded at RBC Capital... Care.com (CRCM) downgraded to Neutral from Overweight at JPMorgan... Electrolux AB (ELUXY) downgraded to Neutral from Overweight at JPMorgan... Ericsson (ERIC) downgraded to Equal Weight from Overweight at Morgan Stanley... Extreme Networks (EXTR) downgraded at Raymond James... PrivateBancorp (PVTB) downgraded to Market Perform from Outperform at BMO Capital... TD Ameritrade (AMTD) downgraded to Neutral from Buy at Goldman... Tableau (DATA) downgraded at Mizuho... Tech Data (TECD) downgraded to Hold from Buy at Needham... Tesoro (TSO) downgraded at Wells Fargo... Ultra Clean (UCTT) downgraded to Hold from Buy at Needham... Vince Holding (VNCE) downgraded to Neutral from Overweight at Piper Jaffray... Youku Tudou (YOKU) downgraded to Sell from Hold at Deutsche Bank.
08:17 EDTLRCXLam Research guidance likely to miss consensus, says Needham
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08:12 EDTUCTTUltra Clean downgraded on lack of sector growth at Needham
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07:10 EDTUCTTUltra Clean downgraded to Hold from Buy at Needham
March 19, 2015
16:01 EDTAMATOptions Update; March 19, 2015
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14:08 EDTLRCXLam Research mentioned positively at Evercore ISI
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March 18, 2015
14:15 EDTLRCXEvercore ISI sayd to buy Lam Research on the pullback
Evercore ISI said it is not hearing of any equipment push-outs at Samsung Fab S3 Line 17 DRAM, as speculated today. The firm's checks indicate no change in shipment patterns related to Samsung Line 17 DRAM and Lam Research's shipments are not only up sequentially in the March and June quarters, but now also in the September quarter. The firm would use today's pullback in Lam Research to accumulate shares and reiterates its Buy rating.
11:00 EDTLRCXLam Research weakness a buying opportunity, says Pacific Crest
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March 17, 2015
05:58 EDTAMATStocks with implied volatility above IV index mean;
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