Semiconductor Equipment

Bank of America Merrill Lynch is out with a research report on Novellus (NASDAQ: NVLS) and it has a Buy rating and a $35 price target on shares. In a note to clients, Bank of America Merrill Lynch writes, "NVLS management lowered their bookings forecast from flat to down 20% to ‘down 15-30%', at...

Mattson Technology, Inc. (NASDAQ: MTSN) announced today the planned departure of Andrew J. Moring, the Company's chief financial officer. Mr. Moring was appointed Executive Vice President and CFO in June of 2008. Prior to this, he served as Mattson Technology's senior vice president and controller...

Bank of America has lowered the price objective on Novellus (NASDAQ: NVLS) from $36 to $35 and maintains its Buy rating.

LTX-Credence Corporation (NASDAQ: LTXC) fell 16.94% to $5.49 at 9:50 am. LTXC reported a 12% drop in its fiscal fourth-quarter earnings and issued a downbeat forecast for its first fiscal quarter. CardioNet Inc (NASDAQ: BEAT) shares lost 16.45% to $3.15. Analysts at Roth Capital lowered price...

Joy Global Inc (NASDAQ: JOYG) reported a 46% surge in its fiscal third-quarter profit and raised its forecast for the year. Joy Global's quarterly profit climbed to $173.1 million, or $1.62 per share, from $118.5 million, or $1.13 per share, in the year-ago period. Its sales surged 34% to $1.14...

Bank of America Merrill Lynch is out with a research report on Novellus (NASDAQ: NVLS) and it has a Buy rating and a $36 price target. In a note to clients, Novellus writes, "Novellus management will host their 3Q mid-quarter update on Wednesday, August 31st AMC. Given the ongoing weakness in the...

LTX-Credence Corp (NASDAQ: LTXC) reported a 12% drop in its fiscal fourth-quarter earnings and issued a downbeat forecast for its first fiscal quarter. LTX-Credence reported its quarterly profit at $12.1 million, or $0.24 per share, down from $13.7 million, or $0.27 per share, in the year-ago...

Oppenheimer is out with its report today on KLA-Tencor (NASDAQ: KLAC), maintaining Outperform. In its report, Oppenheimer writes, "Process complexity is the key driver for process control in semiconductor manufacturing in regards to wafer, chip and reticle sub-segments. KLA-Tencor is the leader...

Joy Global Inc (NASDAQ: JOYG) is projected to report its FQ3 EPS at $1.53 on revenue of $1.17 billion. Shuffle Master Inc (NASDAQ: SHFL) is expected to report its Q3 EPS at $0.15 on revenue of $58.14 million. The Fresh Market Inc (NASDAQ: TFM) is estimated to report its Q2 EPS at $0.19 on revenue...

Amkor Technology (NASDAQ: AMKR) today announced that its Board of Directors has authorized the repurchase of up to $150 million of the Company's common stock. “We believe this stock repurchase program will enhance stockholder value and underscores our continued confidence in the underlying...

Shares of ASML Holding (NASDAQ: ASML) are lower on the session by 2.43%, currently trading at $58.27. 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...

Citi is out with its report today on Novellus Systems (NASDAQ: NVLS), maintaining Hold. In its report, Citi writes, "We rate the shares of NVLS Hold/High Risk (2H). We have taken a negative view of semiconductor capital equipment stocks given semiconductor fundamentals begin to slow in 1H:11 as...

J.P. Morgan Chase is out with a research report on Applied Materials, Inc. (NASDAQ: AMAT) and it has a Neutral rating and a $11 price target on shares. In a note to clients, J.P. Morgan Chase writes, "Recent checks indicate even Intel (INTC, JPM Semiconductors analyst Chris Danely) has decided to...

GLOBALFOUNDRIES and Amkor Technology, Inc. (NASDAQ: AMKR) today announced that they have entered into a strategic partnership to develop integrated assembly and test solutions for advanced silicon nodes. The companies plan to collaborate to co-develop and commercialize integrated fab-bump-probe-...

CVD Equipment Corporation (NASDAQ: CVV) shares moved up 5.21% to $17.36 at 10:30 am. The volume of CVV shares traded was 197% higher than normal. CVV's trailing-twelve-month operating margin is 12.91%. Stamps.com Inc (NASDAQ: STMP) shares rose 8.75% to $18.14. The volume of STMP shares traded was...