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Unconfirmed Rumors Circulate that Intel Corporation (INTC) will acquire TTM Technologies Inc. (TTMI) at $22.00 a share
Monday, November 22, 2010 - 10:02am | 37Unconfirmed Rumors Circulate that Intel Corporation (INTC) will acquire TTM Technologies Inc. (TTMI) at $22.00 a share.. Neither company could be reached for comment..
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Electronic Components should Power growth at CTS Corp. (CTS) - Analyst Blog
Friday, November 19, 2010 - 3:00pm | 461CTS Corporation ( CTS ) designs, manufactures, assembles, and sells a broad line of electronic components and sensors. The firm also provides electronics manufacturing services primarily to original equipment manufacturers (OEMs), for the automotive, computer, communications, medical, industrial...
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Electronic Components should Power growth at CTS Corp. (CTS) - Analyst Blog
Friday, November 19, 2010 - 9:30am | 461CTS Corporation ( CTS ) designs, manufactures, assembles, and sells a broad line of electronic components and sensors. The firm also provides electronics manufacturing services primarily to original equipment manufacturers (OEMs), for the automotive, computer, communications, medical, industrial...
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Sanmina-SCI Focused On Driving Operating Margin Expansion, Goldman Sachs Reports
Thursday, November 18, 2010 - 7:52am | 122During a management meeting with Sanmina-SCI Corporation (NASDAQ: SANM), Goldman Sachs reports that the company was focused on driving operating margin expansion. “Sanmina is targeting long term operating margin of 6%, up from 4.1% today,” Goldman Sachs writes. “Five drivers of margin expansion...
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Tyco Electronics Extends Tender Offer for ADC to December 8
Tuesday, November 16, 2010 - 8:08am | 73Tyco Electronics (NYSE: TEL) announced today that it has extended the expiration of its tender offer to purchase all of the outstanding common shares of ADC (Nasdaq: ADCT), at a price of $12.75 per share in cash, to 5:00 p.m., New York City time on Wednesday, Dec. 8, 2010. All other terms and...
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Deflation Takes Back Seat 11-15-2010
Monday, November 15, 2010 - 6:27pm | 925Cusick's Corner After today's bond action, deflation does not seem to be on many minds. As I mentioned in the Midday, yields continued to rise, thus bond prices came down. This typically signals more worry over future inflation, especially with the strong retail numbers and concerns over...
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Netlist Reports Third Quarter EPS of $(0.20)
Monday, November 15, 2010 - 4:03pm | 139Netlist, Inc. (Nasdaq: NLST) today reported financial results for the third quarter and nine months ended October 2, 2010. Revenues for the third quarter ended October 2, 2010, were $10.6 million, up 64 percent from revenues of $6.4 million for the third quarter ended October 3, 2009....
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Winland Electronics, Inc. to Sell its Electronic Manufacturing Services Business to Nortech Systems
Monday, November 15, 2010 - 10:31am | 69Winland Electronics, Inc. (AMEX: WEX) today announced that it has entered into a definitive agreement to sell its Electronic Manufacturing Services (EMS) business unit to Nortech Systems, Incorporated for a cash consideration, an inventory consumption obligation by Nortech, plus the assumption of...
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Benzinga's Worst Performing Industries (CSCO, ANW, CNAM, BA, RTN, JBL, IEC)
Thursday, November 11, 2010 - 6:07pm | 177Networking & communication devices industry dropped 13.64% on Thursday, as Cisco Systems, Inc. (NASDAQ: CSCO) traded sharply lower. Cisco Systems, Inc. (CSCO) fell 16.21%, after company issued lower than expected revenue forecast. Basic materials wholesale industry traded 8.71% lower today. In...
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TTM Technologies Appoints New Board Member
Thursday, November 11, 2010 - 4:44pm | 35Technologies, Inc. (Nasdaq: TTMI) today announced that Philip G. Franklin has been appointed to serve on the Company's Board of Directors and its Audit Committee effective November 11, 2010.
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Piper Jaffray Reiterates Overweight On Trimble Navigation Following Analyst Day
Wednesday, November 10, 2010 - 7:20am | 188Piper Jaffray is reiterating its Overweight rating on Trimble Navigation (NASDAQ: TRMB) shares following the company's analyst day in Las Vegas and are incrementally more confident in the sustainability of double digit top-line growth over the next 3-5 years. Management highlighted new product...
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TTM Technologies Hits 52-Week High (TTMI)
Friday, November 5, 2010 - 10:11am | 218Shares of TTM Technologies, Inc. (Nasdaq: TTMI)are currently up 20.8% at $13.77 per share during Friday morning trading. Today's trading range for shares of TTM Technologies, Inc has been between $13.00 and a 52-week high of $13.81 per share. The consensus price target of analysts covering the...
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TTM Technologies Shares Soar 17% On Earnings Beat (TTMI)
Thursday, November 4, 2010 - 5:20pm | 191TTM Technologies, Inc. (Nasdaq: TTMI) announced after the market closed on Thursday that it easily beat consensus Wall Street estimates. The news sent the company's share price skyrocketing. TTM Technologies, Inc reported 3rd quarter adjusted net income of 43 cents per share, on revenue of $357.8...
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Zygo Reports Q1 Fiscal 2011 Revenues Increase 46% Over Last Year: EPS of $0.15
Thursday, November 4, 2010 - 3:09pm | 145Zygo Corporation (NASDAQ: ZIGO) today announced its financial results for the first quarter of fiscal 2011, ended September 30, 2010. First quarter fiscal 2011 net revenues of $31.1 million increased 46% from $21.3 million during the same period in the prior year reflecting improved business...
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Well Measured (MEAS)
Thursday, November 4, 2010 - 1:52pm | 65Shares of Measurement Specialties Inc. (NASDAQ: MEAS) are sharply higher today, gaining nearly 10% after the company beat earnings and revenue estimates yesterday. At last check, shares of MEAS were up $2.22 to $25.26, a gain of nearly 10%. Measurement Specialties, Inc. engages in the design,...