Semiconductor Equipment

 AM Action: Akamai Tech (AKAM) Downgraded to Neutral from Overweight at Piper Potash (POT) Beats by $0.11, beats on revs; guides Q4 (Dec) EPS in-line; guides FY11 EPS in-line. Negative Front page article in the WSJ Lam Research (LRCX) Target lowered to $60 from $64 at Stifel Nicolaus Crocs (CROX)...

Citi Investment Research is out with a research report on Teradyne Inc (NYSE: TER) and it has a Buy rating and a $24 price target on shares. In a note to clients, Citi Investment Research writes, "Given the chip inventory buildup and soft end-market demand, the order/rev decline comes as no...

Akamai Technologies Inc (NASDAQ: AKAM) dipped 15.71% to $24.85 in the pre-market session. AKAM reported downbeat Q2 earnings. Teradyne Inc (NYSE: TER) lost 9.16% to $12.50 in the pre-market session. TER issued weaker-than-expected Q3 projections. Murphy Oil Corporation (NYSE: MUR) moved down 7.35...

Morgan Stanley has published a report on Teradyne (NYSE: TER) concluding that the coming financial periods look weak for the test equipment supplier based on historical trends that may return. In the report Morgan Stanley wrote, "We remain UW on TER given high volatility in the back-end test buy...

An earlier story on Benzinga.com, located here, included a typographical error. That article has been subsequently edited to include the correct figures, with this correction as a further courtesy. Cabot Microelectronics (NASDAQ: CCMP) reported a third quarter EPS of $0.54 versus a $0.68 estimate...

Piper Jaffray reiterated its Neutral rating on Teradyne (NYSE: TER). At the same time, the rating agency reduced its price target on the company's stock from $16 to $15. On Wednesday, TER lost 4.38% of its value to finish the day at $13.76. Its shares continued to slide in today's pre-market...

Piper Jaffray has lowered the price target on Teradyne (NYSE: TER) from 416 to $15 and maintains its Neutral rating.

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...

Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) led the decliners among the ETFs on Wednesday, with a loss of 10.95%. In the semiconductor space, MEMC Electronic Materials, Inc. (NYSE: WFR) lost 6.20%, and Analog Devices, Inc. (NYSE: ADI) fell 5.27%. Direxion Daily Technology Bull 3x...

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) spiked 11.52% in the regular trading session on Wednesday, and it added 2.05% in the regular trading session. Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) gained 10.97% as Analog Devices, Inc. (NYSE: ADI) dropped 5.27%, and MEMC...

The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...

MKS Instruments, Inc. (NASDAQ: MKSI) announced today that its Board of Directors has approved a stock repurchase program of up to $200 million. "Over the past few years, we have demonstrated our ability to manage the business for operating leverage and positive cash flow," said Leo Berlinghieri,...

Citigroup has published a report on Teradyne (NYSE: TER) previewing second quarter earnings. In the report, Citigroup wrote, "FQ2:11 (Jun) results — Modeling FQ2 (June) orders ~$370MM (-15% Q/Q), lower than previous expectation given the slowdown in overall ATE spending due to high IC inventory,...

FRANKFURT - Solar has not given most investors in the sector a sunny disposition so far this year. The Guggenheim Solar ETF (NYSE: TAN) is down over 8% year-to-date and an investor who has stuck it out with ReneSola (NYSE: SOL) has seen that investment drop by over 45% since the beginning of the...

Citi is out with its report today on KLA Tencor (NASDAQ: KLAC), maintaining Hold. In a note to clients, Citi writes, "We rate the shares of KLAC 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...