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Molex People Safe and Operations Undamaged by Japanese Earthquake
Monday, March 14, 2011 - 9:09am | 73Molex Incorporated (NASDAQ: MOLX) today reported its employees in Japan were safe and that none of its three facilities were damaged in the massive earthquake that struck Japan on March 11, 2011. Molex has major operations in Shizouka, Kagoshima and Yamato City, none of which are in the...
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Oppenheimer Maintains Outperform on Trimble Navigation (TRMB)
Friday, March 11, 2011 - 9:37am | 116Oppenheimer is out with its report today on Trimble Navigation (NASDAQ: TRMB), maintaining Outperform. In a note to clients, Oppenheimer writes, "Trimble may no longer be cheap, but we believe it continues to offer investors a valuable and rare combination of long-term secular growth with a...
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Citi Raises TEL Target From $46 To $50
Friday, March 11, 2011 - 8:42am | 32Citi is raising its PT on shares of Tyco Electronics, Ltd (NYSE: TEL) from $46 to $50. Tyco Electronics closed Thursday at $34.25.
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Netlist Surge Explained (NLST)
Thursday, March 10, 2011 - 11:22am | 87Shares in Netlist, Inc. (NASDAQ: NLST) surged on rumors of a deal with Amazon (NASDAQ: AMZN). At last check, shares of Netlist were up 37 cents to $2.70, a gain of just under 16%. Netlist, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of memory subsystems for...
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Netlist Spiking Up 20% (NLST)
Thursday, March 10, 2011 - 11:00am | 38Netlist, Inc. (NASDAQ: NLST) shares just spiked up 20%, on no news so far. At last check, shares were up 48 cents to $2.81, a gain of 20.6% on 190,000 shares.
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CTS Corporation Declares Quarterly Dividend
Wednesday, March 9, 2011 - 1:59pm | 40The Board of Directors of CTS Corporation (NYSE: CTS) announced the first quarter dividend of $0.03 per share, payable April 29, 2011, to shareholders of record at the close of business on March 25, 2011.
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RF Industries Announces Q1 EPS Of $0.10
Wednesday, March 9, 2011 - 7:42am | 21RF Industries, ltd. (NASDAQ: RFIL) today announced a Q1 EPS of $0.10.
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SigmaTron International, Inc. Reports Q3 EPS of $0.07 vs. $0.11 Year Ago
Tuesday, March 8, 2011 - 9:21am | 86SigmaTron International, Inc. (Nasdaq: SGMA) today reported revenues and earnings for the third quarter ended January 31, 2011. Revenues increased to $36.9 million for the third quarter fiscal 2011 from $30.6 million for the same quarter in the prior year. Net income decreased to $254,818 in the...
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Kodak Expands and Renews Business Agreement With Flextronics Global Services
Tuesday, March 8, 2011 - 9:17am | 157Flextronics (Nasdaq: FLEX) today announced that Eastman Kodak Company has signed an agreement for the expansion and renewal of the business relationship that the two companies formed in 2007. Through this agreement, Kodak will renew services provided by Flextronics Global Services (FGS) in Venray,...
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Echelon Secures $16 Million Smart Grid Project for NRGi in Denmark
Friday, March 4, 2011 - 11:42am | 74Echelon Corporation (NASDAQ: ELON) announced today that after completing a rigorous public tender process, the fourth largest utility in Denmark, NRGi, has selected Echelon's Networked Energy Services (NES) smart grid control system throughout its services territory. The system includes the award-...
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Slow Grind Squeezes Shorts 03-03-2011
Thursday, March 3, 2011 - 3:34pm | 871Cusick's Corner Dollar weak, Oil stable (for now) and the rest of the world readying to fight inflation -- the market is up across the board. The data both domestically and internationally is coming in better than expected, ramping up expectations of further upticks in employment and economic...
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Methode Electronics Reports Upbeat Q3 Earnings
Thursday, March 3, 2011 - 6:39am | 75Methode Electronics (NYSE: MEI) reported its Q3 adjusted EPS at $0.11, beating the consensus of $0.10. MEI reported its Q3 revenue at $101.3 million, versus the consensus of $100.92 million. MEI shares gained 2.10% to close at $11.65 yesterday. Read more <a href="...
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Netlist Reports Reports Q4 EPS of $(0.13) vs. $(0.15)
Wednesday, March 2, 2011 - 4:25pm | 130Netlist, Inc. (Nasdaq: NLST) today reported financial results for the fourth quarter and fiscal year ended January 1, 2011. Revenues for the fourth quarter ended January 1, 2011, were $10.1 million, up 51 percent from revenues of $6.7 million for the fourth quarter ended January 2, 2010. Gross...
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Data I/O Reports Q4 EPs of $0.07
Monday, February 28, 2011 - 4:52pm | 61Data I/O Corporation (NASDAQ: DAIO) today announced financial results for the fourth quarter and year ended December 31, 2010. Fourth quarter 2010 revenue increased 40 percent to $6.9 million from $5.0 million in the same period last year Fourth quarter 2010 net income increased to $611,000, or $0...
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Piper Jaffray Reiterates Its Overweight Rating On IPG Photonics Following Earnings Report
Monday, February 28, 2011 - 9:42am | 189Piper Jaffray believe IPG Photonics' (NASDAQ: IPGP) secular growth story remains in its early chapters as both the sustained recovery for global material processing applications, and progress in fiber penetration driven by IPG's technological and economic advantages appear well ahead of schedule....