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MEMC Electronic Materials Reports EPS of $0.09 vs. $0.13 Estimate; Revenues $735.9M vs. $638.82M Estimate (WFR)
Wednesday, May 4, 2011 - 4:02pm | 23MEMC Electronic Materials (NYSE: WFR) Reports EPS of $0.09 vs. $0.13 Estimate; Revenues $735.9M vs. $638.82M Estimate
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Citi Maintains Buy On MEMC Electronic Materials (WFR)
Wednesday, May 4, 2011 - 1:11pm | 227Citi maintained its Buy rating on MEMC Electronic Materials (NYSE: WFR) in a research paper published today. MEMC is expected to publish its Q1 report later today and Citi also used its research paper to comment on its expectations of MEMC's Q1 performance. In the report, Citi states, "While we...
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Top Percentage Gainers and Losers as of 12pm 5/04/11 (VSEA, GMCR, BEAT, VCLK, SGI, GLUU, AXTI, KNDI, QSFT, SWSH, SONS, WWWW, MOTR, OPEN, AMAT)
Wednesday, May 4, 2011 - 12:03pm | 494Best 1) Varian Semiconductor Equipment Associates (NASDAQ: VSEA): Trading up 51.3% from yesterday's close to $61.37. Varian is being acquired by Applied Materials (NASDAQ: AMAT) for $63 per share in cash. The deal is valued at $4.9 billion. 2) Silicon Graphics International (NASDAQ: SGI): Trading...
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Standpoint Research Initiates Lam Research with Buy Rating
Wednesday, May 4, 2011 - 10:18am | 19Standpoint Research initiates Lam Research (NASDAQ: LRCX) with a Buy rating.
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KLA Tencor and Lam Research Up In Sympathy
Wednesday, May 4, 2011 - 10:13am | 274This morning, the major takeover news comes as Applied Materials Inc.(NASDAQ: AMAT) buys out Varian Semiconductor Equipment Associates Inc.(NASDAQ: VSEA) for $63.00 a share in cash. This buyout is causing some of the other leading semiconductor equipment makers to rally sharply higher this morning...
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Benzinga's Volume Movers (VSEA, MOBI, FEIC, VCLK)
Wednesday, May 4, 2011 - 10:06am | 164Varian Semiconductor Equipment Associates Inc (NASDAQ: VSEA) shares moved up 51.05% to $61.25 at 10:05 am. The volume of VSEA shares traded was 3419% higher than normal. Applied Materials Inc (NASDAQ: AMAT) agreed to acquire VSEA for about $4.9 billion. Sky-mobi Limited (NASDAQ: MOBI) shares rose...
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NASDAQ Stocks Hitting 52-Week Highs (VCLK, HAIN, VSEA, GMCR)
Wednesday, May 4, 2011 - 10:00am | 155ValueClick Inc (NASDAQ: VCLK) shares surged 18.88% to create a new 52-week high of $19.58. VCLK reported a 22% y/y rise in its Q1 revenue. The Hain Celestial Group Inc (NASDAQ: HAIN) shares jumped 8.78% to create a new 52-week high of $36.19. HAIN reported better-than-expected FQ3 results. Varian...
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Morning Market Movers (VSEA, ADGF, GMCR, VCLK)
Wednesday, May 4, 2011 - 9:46am | 134Varian Semiconductor Equipment Associates Inc (NASDAQ: VSEA) jumped 51.20% to $61.31 at 9:45 am. Applied Materials Inc (NASDAQ: AMAT) agreed to acquire VSEA for about $4.9 billion. Adams Golf Inc (NASDAQ: ADGF) climbed 44.80% to $7.24. ADGF reported a 35% year-over-year surge in its Q1 net sales...
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News Summary
Wednesday, May 4, 2011 - 9:33am | 221Shares of Time Warner Inc (NYSE: TWX) fell about 2.3% after the company reported better-than-expected adjusted profit for the first quarter on Wednesday. The company's quarterly profit dropped to $653 million, or $0.59 per share, from $725 million, or $0.62 per share, in the year-ago quarter. The...
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Citi Previews Earnings From MEMC Electronic Materials Inc (WFR)
Wednesday, May 4, 2011 - 8:58am | 221Citi Investment Research is out with a research report on MEMC Electronic Materials Inc (NYSE: WFR) which is set to report earnings today after the bell. It has a Buy rating and a $18 price target on shares. In a note to investors, Citi writes, "While we are not pounding the table into this...
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Benzinga's Top Pre-Market NASDAQ Gainers (VSEA, GMCR, ACLS, VCLK)
Wednesday, May 4, 2011 - 8:09am | 142Varian Semiconductor Equipment Associates Inc (NASDAQ: VSEA) shares surged 51.37% to $61.38 in the pre-market session. Applied Materials Inc (NASDAQ: AMAT) agreed to acquire VSEA for about $4.9 billion. Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) shares advanced 20.34% to $77.10 in the pre-...
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A Peek Into The Market Before The Trading Starts
Wednesday, May 4, 2011 - 7:31am | 377Pre-open movers US stock futures are lower this morning. Futures on the Dow Jones Industrial Average dropped 11 points to 12,738.00 and futures on the S&P 500 stock index fell 1.60 points to 1,350.50. Nasdaq 100 futures declined 6.25 points to 2,383.50. A Peek Into Global Markets Asian...
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Novellus Announces Offering of $525 Million Senior Convertible Notes Due 2041 (NVLS)
Wednesday, May 4, 2011 - 7:12am | 170Novellus Systems, Inc. (NASDAQ: NVLS) today announced that it proposes to offer $525 million principal amount of senior convertible notes, subject to market conditions and other factors. The notes would be due in May 2041 and are to be offered and sold to qualified institutional buyers pursuant to...
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Applied Materials To Buy Varian Semiconductor Equipment Associates For $4.9 billion; Varian Semiconductor Shares Jump In Pre-Market Trading
Wednesday, May 4, 2011 - 6:42am | 129Applied Materials Inc (NASDAQ: AMAT) agreed to acquire Varian Semiconductor Equipment Associates Inc (NASDAQ: VSEA) for about $4.9 billion. Applied Materials will buy VSEA for $63 per share in cash, representing a 55% premium to Varian's closing price on Tuesday. Applied Materials is expecting...
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FEI Co Reports EPS of $0.54 vs. $0.46 Estimate; Revenues $197M vs. $185.81M Estimate
Tuesday, May 3, 2011 - 4:24pm | 22FEI Co (NASDAQ: FEIC) Reports EPS of $0.54 vs. $0.46 Estimate; Revenues $197M vs. $185.81M Estimate