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Stock Market & Financial Investment News

News Breaks
June 3, 2014
08:11 EDTMTZ, ALTR, XLNXFBR sees headline risk for Xilinx, Altera after MasTec guidance
FBR Capital believes AT&T's pushed out wireless and wireline spending brings "modest" headline risk for programmable logic device providers Altera (ALTR) and Xilinx (XLNX). The firm, however, sees financial risk to 2014 estimates for both companies and keeps Outperform ratings on both stocks. FBR notes MasTec (MTZ) preannounced weaker than expected guidance yesterday as wireless infrastructure build-outs paused.
News For XLNX;ALTR;MTZ From The Last 14 Days
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November 18, 2014
09:11 EDTALTRAltera management to meet with Pacific Crest
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November 17, 2014
18:32 EDTXLNXOn The Fly: After Hours Movers
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16:21 EDTXLNXXilinx announces $800M share repurchase plan
Xilinx announced that its Board of Directors has granted an authorization for the company to repurchase up to $800M of its common stock, or approximately 7% of its outstanding shares at the current stock price. Since fiscal 2010, the company has repurchased approximately 50M shares for approximately $1.6B. Timing of repurchases and exact number of shares of common stock to be purchased will depend upon prevailing market conditions and other factors.
08:32 EDTMTZMasTec upgraded to Buy from Neutral at DA Davidson
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