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Overweight Semiconductors
Friday, November 12, 2010 - 8:34am | 261Piper Jaffray released its industry note today on semiconductors and highlighted some of the manufacturers they track. Altera (ALTR) is rated Overweight. Our $48 price target is based on 18x CY11E EPS. Risks for Altera include: 1) reliance on foundries for wafer production, 2) competition 3)...
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Zacks Releases Four Powerful ''Buy'' Stocks: Osiris Therapeutics, Bancolombia, JAKKS Pacific and ReneSola Limited - Press Releases
Thursday, November 11, 2010 - 11:33am | 1372For Immediate Release Chicago, IL – November 11, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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ReneSola Limited - Value
Thursday, November 11, 2010 - 3:00am | 721Solar companies are suddenly hot again but even with a big surge in share prices many of them are still dirt cheap. ReneSola Limited (SOL) is trading with a forward P/E of just 7. With big earnings growth, it also is a rare value and growth stock. ReneSola is a Chinese-based manufacturer of solar...
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Brooks Automation Shares Climb 8% On Earnings Beat (BRKS)
Wednesday, November 10, 2010 - 7:36pm | 175Brooks Automation, Inc. (Nasdaq: BRKS) late on Wednesday released financial results that beat Wall Street expectations and sent its stock price climbing during after hours. Brooks Automation, Inc reported 4th quarter earnings of 38 cents per share, on revenue of $181.6 million. A poll of analysts...
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Kulicke and Soffa Industries Shares Fall 6.9% After Hours (KLIC)
Wednesday, November 10, 2010 - 6:56pm | 226Kulicke and Soffa Industries, Inc. (Nasdaq: KLIC) released financial results after the market closed on Wednesday. Kulicke and Soffa Industries, Inc reported that its 4th quarter net income soared to $56 million, or 78 cents per share, up from $5 million, or 8 cents per share, a year earlier....
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Spreads Around Earnings 11-10-2010
Wednesday, November 10, 2010 - 6:56pm | 989Cusick's Corner While a 15 point range in the December E-Mini S&P futures was a nice trading day for scalpers, it was a thorny consolidation for investors. As noted in the past two Corners, there have been few major catalysts to get the market moving in one direction or the other. The market...
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Kulicke & Soffa Industries, Inc. Reports Fourth Quarter EPS of $.89
Wednesday, November 10, 2010 - 5:21pm | 67Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) today announced results for its fourth fiscal quarter and year ended October 2, 2010. For its fourth fiscal quarter of 2010, the Company reported net revenue of $259.3 million and net income of $56.1 million, or $0.78 per diluted share. On a non-...
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Brooks Automation Beats Estimates (BRKS)
Wednesday, November 10, 2010 - 5:14pm | 169Brooks Automation, Inc. (Nasdaq: BRKS) released financial results on Wednesday after the market closed. Brooks Automation, Inc announced 4th quarter net income of $24.2 million, or 38 cents per share, compared to a net loss of $14.5 million, or 23 cents per share, a year earlier. Revenues soared...
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Puts Purchased on ASML Holding (ASML)
Tuesday, November 9, 2010 - 11:26am | 149Shares of ASML Holding N.V. (NASDAQ: ASML) are higher on the session by 2.67%, currently trading at $34.25. The stock has been moving largely higher over the past three months after bouncing off the $24.50 level and is now trading above the 50-day and 200-day moving averages. Options traders are...
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Goldman Removes Lam Research From Conviction Buy List
Tuesday, November 9, 2010 - 8:42am | 227We are removing Lam Research (NASDAQ: LRCX) from the Americas Conviction Buy List as the recent run-up in the stock leaves the risk/reward more balanced. LRCX is now trading within 10% of our $53, six-month price target, with the shares +34% since being added to the Conviction List on 6/23/08 vs....
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Focus on US-Dollar 11-08-2010
Monday, November 8, 2010 - 8:51pm | 746Cusick's Corner The rally lost its momentum today and the markets had a small sell-off. However, because of the slow news day and lack of any market data, most market participants focused on the action in the US Dollar that maintained its morning advance into the afternoon. Some upcoming data...
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Benzinga's Worst Performing Industries (SYY, HOG, MPX, PLAB, TSEM, MU, MIPS)
Monday, November 8, 2010 - 6:58pm | 166Food Wholesale industry posted a 2.33% loss in today's trading session as SYSCO Corporation (NYSE: SYY) struggled. Sysco (SYY) fell 2.66% after earnings report. Recreational Vehicles industry dropped 2.12% on the weakness in Harley-Davidson, Inc. (NYSE: HOG). Marine Products Corp. (NYSE: MPX) lost...
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ReneSola Tops, Raises Outlook - Analyst Blog
Monday, November 8, 2010 - 12:33pm | 453ReneSola Ltd. (SOL) reported third-quarter adjusted earnings per American depositary share (EPADS) of 70 cents per share, beating both the Zacks Consensus Estimate of 50 cents and year-ago quarterly loss of 14 cents. Operational Results ReneSola's revenues rose to $358.7 million, increasing...
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Amkor Technology Falls 9% After Missing Estimates (AMKR)
Friday, November 5, 2010 - 11:03am | 251Shares of Amkor Technology, Inc. (Nasdaq: AMKR) are currently down 9.2% at $6.70 per share during Friday morning trading. Today's trading range for shares of Amkor Technology, Inc has been between $6.38 and $6.82 per share. The consensus price target of analysts covering the company's stock is $7....
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Amkor Technology – Worse Off Than Its Peers, Amkor Technology Reports
Friday, November 5, 2010 - 8:56am | 112In a report released this morning, Citigroup says that while Amkor Technology, Inc.'s (NASDAQ: AMKR) FQ4 outlook (rev -5% to-10% Q/Q) is in-line with its model, the company is worse off than its peers (flat to slightly down by ASE/SPIL) and could raise concern over share loss. “Looking a bit deeper...