Semiconductor Equipment

Pre-open movers US stock futures are lower this morning, a day after strong rise in global equities. Futures on the Dow Jones Industrial Average dipped 43 points to 12,125.00 and futures on the S&P 500 stock index fell 5.10 points to 1,277.50. Nasdaq 100 futures dropped 8.50 points to 2,385.25...

A report from Piper Jaffray reiterates its Overweight rating and $46 price target on Lam Research (NASDAQ: LRCX). The report states, “Overall, Sept '11 shipments came in at $580m (-26% q/q) with DRAM shipments continuing to slide to 13% of total shipments as overall memory shipments declined-22% q...

According to J.P. Morgan, Lam Research (NASDAQ: LRCX) coverage is initiated with an Overweight rating. J.P. Morgan said that LRCX and other SemiCap stocks are trading near the low end of their historical valuation ranges and generally washed out. “Initiating with Overweight rating and December...

JP Morgan has initiated coverage on Lam Research (NASDAQ: LRCX) with an Overweight rating and $56 price target.

Nanometrics Incorporated (Nasdaq: NANO), today announced that its IMPULSE integrated metrology optical critical dimension and film analysis system has been selected by a major Korean memory manufacturer for chemical mechanical planarization process control. The decision makes the Nanometrics...

Credit Suisse is out with a research report on Lam Research Corp. (NASDAQ: LRCX) and is lowering its price target to $50 from $54, but is keeping its Outperform rating. In a note to clients, Credit Suisse writes, "In line with our industry note, we are reducing CY12 Rev/ EPS from $2.91bb/$3.57 to...

LTX-Credence Corporation (Nasdaq: LTXC) today announced that its board of directors has authorized a stock repurchase program for up to $25 million. Under this program, the company is authorized to repurchase shares of its common stock from time to time in open market transactions. The company...

Shares of Lam Research (NASDAQ: LRCX) are higher on the session by 1.37%, currently trading at $37.70. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

Did These Stocks Actually End The Week Positive? As you know the major stock market indexes continue to struggle. Almost every sector has come under heavy selling pressure since late July 2011. Most traders and investors are now wondering where strength can be found in the market, and if there is...

According to Piper Jaffray, Nanometrics (NASDAQ: NANO) price target is lowered to $18. Piper Jaffray said that it is trimming its numbers for NANO. It believes Intel will truncate its build out of 22nm due to a weakening PC outlook and lack of traction selling foundry services to OEMs. “The...

Piper Jaffray has lowered the price target on Nanometrics (NASDAQ: NANO) from $21 to $18 and maintains its Overweight rating.

Below are the top semiconductor equipment & materials stocks on the NYSE and the NASDAQ in terms of dividend yield. United Microelectronics Corp (NYSE: UMC) has a dividend yield of 7.50%. UMC's shares closed at $2.05 yesterday. KLA-Tencor Corporation (NASDAQ: KLAC) has a dividend yield of 3....

Some of the stocks that may grab investor focus today are: Quiksilver Inc (NYSE: ZQK) reported around 26% rise in its Q3 net income. The company's quarterly earnings came in at $10.4 million, or $0.06 per share, versus $8.3 million, or $0.06 per share, in the year-ago quarter. Its revenue climbed...

Lam Research Corporation (NASDAQ: LRCX) today announced that its Board of Directors has approved an increase of $500 million in the Company's authorization for share repurchases, raising the total authorization under the program to $750 million. Repurchases of the Company's common stock may be...

SAIC Inc (NYSE: SAI) fell 10.07% to $13.49 in the pre-market trading. SAIC reported disappointing second-quarter results and projected downbeat full-year profit and sales. LTX-Credence Corporation (NASDAQ: LTXC) dipped 3.51% to $5.49 in the pre-market session. LTXC projected a surprise loss for...