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CEOWORLD Technology Stocks Watch on 4/27/11 (Top Gainers)- IIVI, REDF, SMOD, UCTT, NEWP
Wednesday, April 27, 2011 - 9:22am | 1047II-VI Inc. (IIVI), Change: +11.10 (23.09%)- II-VI Incorporated designs, manufactures, and markets optical and optoelectronic devices used in laser processing, fiber-optic telecommunication, infrared missile guidance, advanced x-ray systems, and nuclear radiation detection. Competitors to Watch:...
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CEOWORLD Magazine DAILY BUSINESS AND TECH ROUNDUP- JNJ, SNE, AMAT, AMZN, STX, NWS, MSFT, NDAQ, NYX, NVDA, BP, YHOO
Wednesday, April 27, 2011 - 5:19am | 1076Johnson & Johnson (NYSE: JNJ)- Johnson & Johnson and Synthes, Inc., a manufacturer of orthopaedic devices, announced that they have entered into a definitive agreement whereby Johnson & Johnson will acquire Synthes for CHF159 per share, or $21.3 billion. French nuclear reactor maker...
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Waiting for Big Ben to Chime In 04-26-2011
Tuesday, April 26, 2011 - 6:59pm | 869Cusick's Corner The market did grind into the close but could not hold the highs - the NAZ and the S&P are at levels that we haven't seen in years. While the earnings data was still strong, the market is waiting for the FOMC meeting tomorrow that will be followed by Bernanke's Q&A session...
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Low Vol 04-26-2011
Tuesday, April 26, 2011 - 2:44pm | 928Cusick's Corner Vol is low -- whether it is volume or volatility, it is low but the trend is high, so when you have a bull trend with low volatility you have three strategic approaches you can potentially implement. First, consider buying calls -- this is the most straightforward strategy, taking...
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Photronics Up Nearly 5% On Heavy Volume (PLAB)
Tuesday, April 26, 2011 - 1:22pm | 68Photronics, Inc. (NASDAQ: PLAB) shares are up nearly 5% today on heavy volume. 1.1 million shares have traded so far today, versus the average of just over 1 million for an entire trading day. At last check, shares were up 36 cents to $9.12, a gain of 4.11%. Photronics, Inc. engages in the...
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Top Percentage Gainers and Losers as of 10am 4/26/11 (ECYT, USAT, REDF, ACAD, UCTT, GFRE, WIBC, LXK, VDSI, UIS)
Tuesday, April 26, 2011 - 10:01am | 182Best 1) Endocyte (NASDAQ: ECYT): Trading up 20% from yesterday's close to $11.40. 2) USA Technologies (NASDAQ: USAT): Trading up 17% from yesterday's close to $3.38. 3) Rediff.com India (NASDAQ: REDF): Trading up 15.2% from yesterday's close to $13.18. 4) ACADIA Pharmaceuticals (NASDAQ: ACAD...
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Morning Market Movers (SPCHB, ECYT, USAT, UCTT)
Tuesday, April 26, 2011 - 9:49am | 145Sport Chalet Inc (NASDAQ: SPCHB) surged 22.22% to $2.31 at 9:45 am. SPCHB shares have dropped 46.76% over the past 52 weeks, while the S&P 500 index has gained 10.16% in the same period. Endocyte Inc (NASDAQ: ECYT) shares advanced 21.01% to $11.49. ECYT announced its plan to prepare two...
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UPDATE: Sterne Agee Raises PT on Veeco Instruments to $56 (VECO)
Tuesday, April 26, 2011 - 9:38am | 94Sterne Agee is out with its report today on Veeco Instruments (NASDAQ: VECO), raising its PT from $52 to $56. In a note to clients, Sterne Agee writes, "We are sticking with the Buy rating based on valuation. Excluding more than $16.00 in net cash per share, the stock is trading at 6X our new 2011...
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Citi Reports Changing Times For Veeco Instruments
Tuesday, April 26, 2011 - 9:33am | 205According to Citi, Veeco Instruments (NASDAQ: VECO) stock traded up slightly. Citi said that while stock traded up slightly AMC on pos CQ2/CQ3 order commentary, the fact is this is merely the result of a $75MM (~25%) miss in CQ1 orders due to order/deposit timing. “Timing aside, we believe the biz...
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Piper Jaffray Lowers UCTT Price Target To $11
Tuesday, April 26, 2011 - 9:26am | 108Piper Jaffray has issued a report lowering the Price Target on Ultra Clean Holdings (NASDAQ: UCTT) from $13.50 to $11 a share. Piper Jaffray writes, "While growth in non-semiconductor business is strong, we estimate that HB LED will grow from $70M this year to $100M to $120M next year, we also...
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Lazard Capital Markets Raises VECO PT To $58
Tuesday, April 26, 2011 - 9:20am | 104Lazard Capital Markets has issued a report raising the Price Target on Veeco Instruments (NASDAQ: VECO) from $54 to $58 a share. Lazard Capital writes, "First-quarter results of $254.7M/$1.33 were ahead of the Street's estimates of $246.5M/$1.22 and LCMe of $250M/$1.21. LED & Solar revs were $...
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PIper Jaffray Lowers PT On Ultra Clean Holdings To $11
Tuesday, April 26, 2011 - 8:23am | 28Piper Jaffray has lowered the price target on Ultra Clean Holdings (NASDAQ: UCTT) from $13.50 to $11 and maintains its Neutral rating.
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J.P. Morgan Removes VECO From US Analyst Focus List
Tuesday, April 26, 2011 - 7:22am | 122J.P. Morgan is removing Veeco Instruments Inc. (NASDAQ: VECO) from its US Analyst Focus List while keeping its Overweight rating. “We are taking down our conviction on VECO stock a notch and removing it from the Analyst Focus List,” J.P. Morgan writes. “Although we believe continued strong FCF and...
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Ultra Clean Holdings Inc. Reports EPS of $0.25 vs. $0.21 Estimate; Revenues $126.7M vs. $121.7M Estimate
Monday, April 25, 2011 - 4:19pm | 24Ultra Clean Holdings Inc. (NASDAQ: UCTT) Reports EPS of $0.25 vs. $0.21 Estimate; Revenues $126.7M vs. $121.7M Estimate
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Ultra Clean Holdings Reports Q1 EPS $0.25 vs. $0.21 Est.; Revenues $126.7M vs. $121.7M (UCTT)
Monday, April 25, 2011 - 4:17pm | 22Ultra Clean Holdings Reports Q1 EPS $0.25 vs. $0.21 Est.; Revenues $126.7M vs. $121.7M (NASDAQ: UCTT)